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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Something is up!!! Repudiation of the dollar!!! Its started!!
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Poster Handle
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Anonymous Coward |
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Post Content
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For those who have been paying attention to what is going on-this will come as no shock! Repudiation of the dollar has begun and is taking off! The way I know is that the price of gas is always the first indicator!! Gas has risen more than 60 cents in just the last 2 weeks! Here's the shock it has risen 14 cents in just the last couple of hours.... The looks like the dollar death is happening rapidly... I suspect it started in earnest when the Chinese announced OIl for Yuan!!! This may be it for the dollar!!
Quoting: MaxMad you know oil is sold on a world market and has nothing to do with the value of our dollar right? Wow, the stupid burns! Dollars are the world reserve currency, most oil is traded in dollars. Funny thing, oil might be cheaper in America than it was in 2008 but when you take the exchange rate into effect Oil is actually more expensive now in nearly any other country than it was in 2008. USA exporting inflation + oil supply stagnating = rise in prices
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