When do you think the dollar will become extinct

me with in 15-20 years

what do you think? i saw Russian President show of the new currency, makes me wonder when will dollar become useless?

is 15 years too long?

2 years.
Obama and co. are going the fast track route to destroying our country. He'll want to do it before the 2012 elections.

00.02 rubles

I do not think we can even predict such a thing anymore.

Could be 1, could be 50..... economics do not follow the rules anymore.

Commodities and precious metals, even industrial metals should be steadily rising and they are not. Western Nations are increasing deficit spending way beyond anything seen before and yet inflation is only a fraction of what common sense tells you it should be.

Don't get me wrong.. I am extremely happy that everything is still stable and hope it is for a very, very long time though I won't bet my life on that.

Get extra stuff while the getting is good. Use this "borrowed time" to prepare is my opinion on the matter.

reply to post by mikerussellus


umm how do you know? 2 years? the US dollar ? no way

reply to post by dino1989


My response was cynical but maybe tinged with a hint of reality.

I don't know why Obama would push Cap and trade. Higher taxes? Higher fuel costs? Higher food costs?
Makes no sense.
I don't know why Obama would put us in such a massive debt. The leverage that China has against the US dollar, the risks of hyper-inflation (especially with the talk of ANOTHER stimulus package).

Why is he doing this?
With unemployment rising to almost 10 %, everything that he has done so far, has created a situation where further "rescue" is only going to create more damage.
Currently they are now talking of bailouts for small businesses. So then the government can dictate policy for every mom and pop store that takes their version of TARP.

I say two years. and I'm sticking to that. Is there ANYONE out there that thinks we are moving in the RIGHT direction?

I'm collecting gold coins, creating food stores now. And I am usually the one (in my group of friends) that is the rational one.

If there is anyone out there that can put a positive spin on what has, is occuring in our country, please let me know.

reply to post by mikerussellus


It sure didn't help that Bush began the first bailouts. Now everybody is trying to dip their hand in the pot, such as Hustler-

www.seduction-lingerie-blog.co.uk...

Notice the date? It was before Obama was sworn in.

So with technology taking over anyway, 15 yrs. isn't unrealistic.

21/12/2012

But then so will all other currencies..

reply to post by winotka


I agree that Obama isn't the only one to blame. Imagine there is a patient on the table and Dr. Bush comes in.

"What's wrong with you?"

"Uh, doc, my leg is broken."

"Well lets get this cast on your arm right now!"

In walks Dr. Obama. "Dr. Bush, you're an idiot, get out of here!"

Patient: "Thank you Dr. Obama. That idiot wasn't helping my broken leg at all!"

"No problem, patient. Lets get your leg healed by removing your spleen, 14 feet of intestine, and the larger lobe of your liver. Then we can put a wire in your lung (just to see if that helps) and give you the swine flu vaccine."

Patient: "So this is government health care?"

My guess is at the next election Obama would announce that he has a plan to unite the world economies by creating a universal monetary system.

I think that because it would be a political move to get re-elected. Most people would go "Oh that's a good idea I never have to worry about money exchanges when traveling and everything will be worth the same amount everywhere".

Although it wouldn't really work that smoothly I think it would be a re-election issue for him.

The majority of people wouldn't see it as a bad thing, another majority could care less one way or the other and the minority would be opposed to it.

reply to post by mikerussellus


I didn't mean to bring any specific admin. into this. Why anybody would think gov. would be efficient is anybody's guess. You should google the doctor owned hospital in McAllen, TX for an unappetizing comparison.

Economics and politics are two separate monsters. I have my own reasons for thinking something will change in 2012, but I don't think it's because of the Mayan's calendar.