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Archive for 23. March 2011

World Dollar or Strong US Dolllar? Why you cannot have both

 

World Dollar, Devaluation of Dollar, Business News, World News

From http://www.thegoldstandardnow.org/key-blogs/181-the-third-economic-disorder

The Third Economic Disorder

 

3.  The world dollar standard destabilizes the value of the dollar, fomenting euphorias and panics.

An economy based on money without intrinsic worth is like a jet aircraft without a gyroscope being kept stable exclusively by the pilot. The lack of stability injects a huge amount of uncertainty into the economy and the financial markets.

 

Read More: http://www.thegoldstandardnow.org/key-blogs/181-the-third-economic-disorder

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