Sabri Oncu wrote: >> However, I don't know how long the inertia will keep the US$ as the >> world money if (1) US military, financial, and industrial power fades >> and (2) there's an obvious alternative besides the gold standard. > > Just curious: what is that obvious alternative in your view Jim?
the alternative? canned food? it would make good money. Seriously, the US can fade a lot before any alternative becomes relevant. I think China's "rise" is bubblicious. -- Jim Devine / "In an ugly and unhappy world the richest man can purchase nothing but ugliness and unhappiness." -- George Bernard Shaw _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
