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Replacing the Dollar
China's central bank has reiterated its call for a new reserve currency to replace the US dollar.
The report from the People's Bank of China (PBOC) said a "super-sovereign" currency should take its place. Central bank chief Zhou Xiaochuan has loudly led calls for the dollar to be replaced during the financial crisis. The bank report called for more regulation of the countries that issue currencies that underpin the global financial system. http://news.bbc.co.uk/1/hi/business/8120835.stm |
Re: Replacing the Dollar
According to the Web Bot predictions, the dollar is going to die on November 5th, 2009 and be replaced with the Amero,
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Re: Replacing the Dollar
Hi Greenberet,
It wouldn't suprise me in the least if the dollar collapsed tomorrow. The Chinese have been using the dollars that they have to buy commodities, but they can only buy so much. So now they're harping on about a new currency again. This is also to put added pressure on the US to get it's act together. I think the new currency will not necessarily be a 'new' currency, but a different currency, like the Yen, for example. I don't think the Amero will be used for global currency as it will be administered by the same people who are killing the dollar. Who could ever in their right minds trust these people again? I think that any new currency will be administered by another state or group of states and the US will be put on the back burner, a little like Russia is today, where it has some sort of say in the world, for political reasons. Let's see how it all turns out. Best regards, Steve Quote:
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http://news.bbc.co.uk/1/hi/business/8136066.stm China has begun a trial scheme that allows trade with its neighbours to be settled with its own currency, the yuan, also known as the renminbi. Six Shanghai companies have signed contracts with counterparts in Hong Kong and Indonesia to settle deals in the currency. It means if the two parties to a trade have yuan available, they need not enter world exchange markets to pay. Executives said the move would save costs and avert exchange rate risks. |
Re: Replacing the Dollar
Hi iain140258,
That also doesn't suprise me. Brazil has been trading with Argentina using local currencies for some time now and has even made noises with China for a bilateral trade agreement about using national currencies instead of the US$. This of course is another possibility for international trade where everybody uses their own currency. Of course there would be needed some sort of mechanism or guarantee that keeps the exchange rates somewhat stable. i think if we went back to the gold standard, there will be a lot of countries going bust, not just the US, as they would have to have massive deflation to keep in line with their gold reserves. Countries like South Africa and Brazil will become extremely important and countries like the UK will be sent packing if gold was used as a currency guarantor. Best regards, Steve Quote:
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Don't know much about the printing and circulation of money, Maybe China can do it! but im also thinking wouldn't that take a really long time, say 1-yr to really phase out the dollar? Not to mention the rest of the world.
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Re: Replacing the Dollar
It's looking more like we will have two US currencies:
One for trading domestically and one for trading internationally. What I'm hearing is that there will not be a dollar collapse, but a financial collapse. When traveling to a foreign country you would need to exchange your domestic currency for international currency. ????????????????????? |
Re: Replacing the Dollar
Has anybody seen these? Not sure if they are real or not. Supposedly leaked from somewhere. If they aren't real, someone is really good with photoshop....
http://i38.photobucket.com/albums/e1...ero-1-bill.jpg http://i38.photobucket.com/albums/e1...9/amero_14.jpg http://i38.photobucket.com/albums/e1...9/amero_12.jpg http://i38.photobucket.com/albums/e1...9/amero_16.jpg http://i38.photobucket.com/albums/e1...9/amero_11.jpg http://i38.photobucket.com/albums/e1...9/amero_10.jpg |
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Remember? We control our destiny, not the Powers-That-Were. We can take their creations back for ourselves. |
Re: Replacing the Dollar
who are the 10 men in the bill ???
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Re: Replacing the Dollar
Not too sure eXchanger. I would assume various historical figures from america, mexico, and canada. Unfortunately the quality isn't that great so you can't read the names.
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Re: Replacing the Dollar
Ok, the guy on the five is Nelson Wilmarth Aldrich....
Nelson Wilmarth Aldrich 1841-1915, U.S. Senator from Rhode Island, b. Foster, R.I. He rose in local politics as state assemblyman (1875-76) and U.S. Representative (1879-81) before he served as Senator (1881-1911). Aldrich, after the death of Henry B. Anthony, dominated Republican politics in Rhode Island, and because of his wide interests in banking, manufacturing, and public utilities he was popularly considered the spokesman of big business in the Republican party and the nation. After the controversy of 1888 he was the great proponent of protective tariffs and was successful in saving the Payne-Aldrich Tariff Act of 1909 even against the combined opposition of the Democrats and the Progressives. Aldrich did much to strengthen the antiprogressive wing of the Republican party and led the Senate opposition to Theodore Roosevelt's increasingly progressive policies. He took charge of Republican administrative legislation after 1897 and helped force the Silver Republicans out of the party, the Gold Standard Act of 1900 completing the work. Aldrich was deeply concerned with monetary problems, helped shape the Aldrich-Vreeland Currency Act of 1908, and headed the National Monetary Commission to study bank reform. The "Aldrich plan," published in 1911, was not made into law, but it did offer information that was used by the Democrats in setting up the Federal Reserve System. The 2 Amero bill is none other than J.P. Morgan That's all I can figure out with my photoshop skills |
Re: Replacing the Dollar
sorry; that should have said 11 men
(i'll bet st. germain isn't hiding on the bill, like the old $2 one) |
Re: Replacing the Dollar
i wonder if you fold them--
if you can see events, that will occur ??? (like the usa $1/$5/$10/$20/$50/and, $100 bills) hmmm--a lot here to ponder !!! |
Re: Replacing the Dollar
Thanks Lorien for giving us a sneak peek! Although i've read so many times that these NWO fu**k*rs intended to have all paper currency out of circulation and everything would be electronic, however their plans haven't gone quite as they planned :) I say as long as we have paper currency im happy with it!
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The face on the 2 dollar bill is J.P.Morgan. I don't believe these are meant to be real. what possible reason could they have for putting his mug on new money? And calling them federal reserve notes? Definitely a joke.
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Re: Replacing the Dollar
Why not call them federal reserve notes? I doubt they would go through the hassle of changing their name so The Fed would still be in charge of printing the money for the new union. But who knows. Could be some elaborate joke, or something to get people riled up, who knows. Just thought it was interesting.
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Re: Replacing the Dollar
Hi Lorien,
As images são do membro duncan1979 from photobucket. He claims they are his images, in other words, his artwork. Best regards, Steve Quote:
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Re: Replacing the Dollar
i heard from cliff high tha thte amero was a dead duck already. they can try and bring it out but it will be rejected wholesale.. we go straight for chip n pin stuff imo.. no physical implants but i may be wrong. what else are forced vaccinations for apart from the obv. nano chipping ??
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