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U.S. dollar --What happens if Dollar is Replaced as world's currency ?
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<blockquote data-quote="wkmac" data-source="post: 817396" data-attributes="member: 2189"><p>CNN Money would not be what I would call anti-Federal Reserve or for that matter a critic of fiat currency and fractional reserve banking but I gotta give them a tip of the hat for their, <a href="http://money.cnn.com/galleries/2011/news/1103/gallery.federal_reserve_flubs/index.html" target="_blank"><span style="color: red">"Famous Fed Flubs"</span></a> piece. From a historical lookback by a "friendly" source, one should at least develop a healthy questioning on these so-called economic experts just based on track record alone!</p><p> </p><p>As you read across these "flubs" as they call them, one can't help but see a trend for the power that be to say that all things are well when in fact the reverse is often true. It just goes to show the truth of how do you know someone in power is lying? Their lips are moving. </p><p> </p><p><img src="http://2.bp.blogspot.com/_UfBePUbn2Us/TSzxkV1uddI/AAAAAAAAHws/FdEhm-tS36U/s400/remaincalm-01.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 817396, member: 2189"] CNN Money would not be what I would call anti-Federal Reserve or for that matter a critic of fiat currency and fractional reserve banking but I gotta give them a tip of the hat for their, [URL="http://money.cnn.com/galleries/2011/news/1103/gallery.federal_reserve_flubs/index.html"][COLOR=red]"Famous Fed Flubs"[/COLOR][/URL] piece. From a historical lookback by a "friendly" source, one should at least develop a healthy questioning on these so-called economic experts just based on track record alone! As you read across these "flubs" as they call them, one can't help but see a trend for the power that be to say that all things are well when in fact the reverse is often true. It just goes to show the truth of how do you know someone in power is lying? Their lips are moving. [IMG]http://2.bp.blogspot.com/_UfBePUbn2Us/TSzxkV1uddI/AAAAAAAAHws/FdEhm-tS36U/s400/remaincalm-01.jpg[/IMG] [/QUOTE]
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