US dollar burial ceremony

[gegev]

BRICS wants to get rid of dollar
And creating second (third is EU) World Pole to balance USA super-superpower ambitions.

http://english.ruvr.ru/2011/04/14/48945115.html

They decided to use their own currencies at doing payments between the BRICS member countries.

[KanadaHye]

Re: US dollar burial ceremony

$1 U.S. = $0.96 Canadian

[gegev]

Re: US dollar burial ceremony

$1 U.S. = $0.96 Canadian

Americans have the chance to dream about former US dollar might for the rest of their life!!!

[KanadaHye]

Re: US dollar burial ceremony

The currencies are being manipulated because although the Canadian dollar is stronger than the U.S. dollar, products in Canada still cost a lot more than in the U.S. So in order to reap the benefits of the exchange rate, the purchase has to be made in the U.S. If the Canadian dollar really had the buying power that's represented by the exchange rate, it would be cheaper to buy in Canada but that's not the case.

Some people like to think that owning a home worth nearly a million dollars in markets like Toronto or Vancouver makes them rich but really it just means that the value of their house is ARTIFICIALLY INFLATED and their million dollar "investment" could tank like the prices in the U.S. and they might be stuck owing more on their home than it's worth.

This just goes to show that the U.S. is still being used as the capital or main market of price manipulation for the entire world which is why other countries or regions want to disconnect themselves from American manipulation.

[Sip]

Re: US dollar burial ceremony

Until we stop quoting oil prices in US dollars, nothing is really going to change.

[KanadaHye]

Re: US dollar burial ceremony

Until we stop quoting oil prices in US dollars, nothing is really going to change.

I really don't want to carry around gold or silver coins. At the same time, paper money is worthless. What's even more worthless is plastic/credit. I guess it's back to paying by trading cows/chickens and daughters.

[Mos]

Re: US dollar burial ceremony

We should really strive to having a world currency...

[KanadaHye]

Re: US dollar burial ceremony

Armenians in the diaspora should trade with each other using DRAM

[gegev]

Re: US dollar burial ceremony

The currencies are being manipulated because although the Canadian dollar is stronger than the U.S. dollar, products in Canada still cost a lot more than in the U.S. So in order to reap the benefits of the exchange rate, the purchase has to be made in the U.S. If the Canadian dollar really had the buying power that's represented by the exchange rate, it would be cheaper to buy in Canada but that's not the case.

Some people like to think that owning a home worth nearly a million dollars in markets like Toronto or Vancouver makes them rich but really it just means that the value of their house is ARTIFICIALLY INFLATED and their million dollar "investment" could tank like the prices in the U.S. and they might be stuck owing more on their home than it's worth.

This just goes to show that the U.S. is still being used as the capital or main market of price manipulation for the entire world which is why other countries or regions want to disconnect themselves from American manipulation.

This clearly proves that US consumes far more than its sophisticated economy produces, carrying out concealed financial fraud through its currency - DOLLAR which was used internationally; that is the rest of world (including poorest countries) unwillingly funded US consumption. But now, thanks to God, it is over and soon enough; the poor will eat that part of their bread; themselves.

[Odar]

Re: US dollar burial ceremony

Rich rulers of poor countries will keep eating most of the poor's bread.