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ivan_ohlobistin

ivan_ohlobistin wrote a comment in the Miss Dukascopy Contest

A failure of the U.S. dollar would mean that, at a minimum, the cost of everything, but especially anything we import, would rise dramatically. In a worst case scenario, the dollar would not be...
Victoria_Crowmberg

Victoria_Crowmberg created a blog post

The U.S. dollar really is everyone’s problem. There are more dollars in circulation worldwide than any other currency – perhaps more than all other currencies combined as a full two-thirds of the rest of the world’s foreign reserves are denominated in the U.S. dollar. It’s also true that two-thirds of all dollars circulate outside of the United States. They have long been the choice of exchange on the world’s black markets. The reason is because they are so recognizable and accepted everywhere else; in other words, liquid and fungible. They have also tended to keep their purchasing power value relatively constant until recently. That’s why many nations peg their currency to the dollar. It also helps that it is still the world reserve currency.Is the Decline of the U.S. Dollar Just A Matter of Time?

The above virtues being touted there are too many of them anymore and the law of supply and demand states that the more of something there is, the less value it has and the less demand there is for it. The world is becoming saturated with the U.S. dollar and many are looking for alternatives. As such, it is only a matter of time before the dollar does fail. When, how, and at what speed are all that are left for debate.What Would the Decline of the U.S. Dollar Mean For America – and the World?

Failure of the dollar would be noticeable in many ways and when it does fail we won’t have to ask if it has - we’ll know. Failure of the dollar will mean many things. It will mean that it …

27 May
ivan_ohlobistin

ivan_ohlobistin liked a blog post

Victoria_Crowmberg

Victoria_Crowmberg created a blog post

The U.S. dollar really is everyone’s problem. There are more dollars in circulation worldwide than any other currency – perhaps more than all other currencies combined as a full two-thirds of the rest of the world’s foreign reserves are denominated in the U.S. dollar. It’s also true that two-thirds of all dollars circulate outside of the United States. They have long been the choice of exchange on the world’s black markets. The reason is because they are so recognizable and accepted everywhere else; in other words, liquid and fungible. They have also tended to keep their purchasing power value relatively constant until recently. That’s why many nations peg their currency to the dollar. It also helps that it is still the world reserve currency.Is the Decline of the U.S. Dollar Just A Matter of Time?

The above virtues being touted there are too many of them anymore and the law of supply and demand states that the more of something there is, the less value it has and the less demand there is for it. The world is becoming saturated with the U.S. dollar and many are looking for alternatives. As such, it is only a matter of time before the dollar does fail. When, how, and at what speed are all that are left for debate.What Would the Decline of the U.S. Dollar Mean For America – and the World?

Failure of the dollar would be noticeable in many ways and when it does fail we won’t have to ask if it has - we’ll know. Failure of the dollar will mean many things. It will mean that it …

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
ivan_ohlobistin

ivan_ohlobistin liked a photo to the album Miss Dukascopy Contest

27 May
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