Comments on: Updated: The Dollar Dethroned https://barelyablog.com/the-dollar-dethroned/ by ilana mercer Wed, 02 Apr 2025 19:29:09 +0000 hourly 1 By: Robert Glisson https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7443 Thu, 08 Oct 2009 21:04:15 +0000 http://barelyablog.com/?p=15137#comment-7443 In my reply to Myron above, I was referring to the article “Life in the Oink sector” on the right side of Ilana’s main page and how many new employees Obama has hired since he fixed the economy. Todays Yahoo news though has a much larger joke. They accused the other nations of “attacking the US Dollar. “http://news.yahoo.com/s/politico/20091008/pl_politico/28091” Like it wasn’t our fault that we devalued our money until it was worthless, those evil Middle Easterners did it. Almost dropped my laptop, laughing.

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By: Robert Glisson https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7438 Thu, 08 Oct 2009 04:55:34 +0000 http://barelyablog.com/?p=15137#comment-7438 Myron: A line from the movie ‘Hud’ comes to mind but without getting too earthy, a ‘fixed animal’ normally gains weight and becomes slovenly. Do you see a correlation here. I think I might.

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By: EN https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7432 Wed, 07 Oct 2009 23:04:16 +0000 http://barelyablog.com/?p=15137#comment-7432 From The FT: “Gold prices continued to surge on Wednesday, hitting a fresh record close to $1,050 a troy ounce”

The attempts to “slowly” drop the dollar as the world’s reserve currency is beginning to fail. The minute the story got out the rush was on. Investors see the writing on the wall and being the last one to leave the dollar isn’t good for one’s financial health. The process will soon be out of anyone’s control.

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By: Roy Bleckert https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7431 Wed, 07 Oct 2009 21:29:51 +0000 http://barelyablog.com/?p=15137#comment-7431 ilana Mercer writes

“It’s always encouraging when protesters associate a massive new government program with the debt (dah!), the demise of the dollar, and ultimate economic ruin. I know; this seems obvious to readers on this space, but signs that such basic comprehension is spreading are to be celebrated.”

Very astute observation , we all must do our part to get the real info out in the public, whether it is talking to your neighbor,calling a talk show, showing your politicians at all levels of Gov. what is really going on ( you might be surprised how little they really know if challenged) it is important now that peeps are waking up, to keep the focus on the policies that have fouled up this Nation and Educate them on the solutions to the problems

http://www.downsizinggovernment.org/

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By: Myron Pauli https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7427 Wed, 07 Oct 2009 14:00:17 +0000 http://barelyablog.com/?p=15137#comment-7427 Robert – isn’t it that when an animal is “fixed” – it cannot reproduce anything? Maybe that is what is meant by Obama “fixed” the economy.

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By: Robert Glisson https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7422 Wed, 07 Oct 2009 03:23:14 +0000 http://barelyablog.com/?p=15137#comment-7422 Outside the US, the news reports how the dollar is being devalued, but in the US the president’s popularity is improving because the media is telling the people that the president has fixed the economy. Amazing what?

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By: Myron Pauli https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7421 Wed, 07 Oct 2009 03:12:25 +0000 http://barelyablog.com/?p=15137#comment-7421 Of course, a mixture of multiple socialistic fiat money is only slightly more secure than one single denomination of paper garbage.

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By: Vic Jones https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7420 Tue, 06 Oct 2009 23:36:52 +0000 http://barelyablog.com/?p=15137#comment-7420 The inflationary schemes of the Fed have been well-documented. No one can say they didn’t see the devaluation of the dollar coming or that they don’t understand why it’s losing its value. But they will say that. And they will blame the free market somehow for the dollar’s demise. To statists, freedom is always the problem.

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By: EN https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7419 Tue, 06 Oct 2009 23:33:06 +0000 http://barelyablog.com/?p=15137#comment-7419 That’s an excellent call on the reasons that everyone wants it done slowly. And it’s not just China. The Gulf States are holding upwards of a Trillion in Dollars. Russia holds less than others but it still runs into the billions. The writing’s on the wall for all who hold dollars. They all expect to take a loss, it’s just a matter of how much? A slow conversion will will help limit it, but eventually the collapse must come.

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By: M. B. Moon https://barelyablog.com/the-dollar-dethroned/comment-page-1/#comment-7418 Tue, 06 Oct 2009 23:28:22 +0000 http://barelyablog.com/?p=15137#comment-7418 All we had to do was be honest and responsible and liberty loving and we could have been the world’s new Swiss bankers. Perhaps we still can.

The solution is liberty; the thing that made America great. Just because Greenspan and Bernanke can’t do money and banking properly does not mean it can’t be done.

We should abolish legal tender laws and allow free banking and money creation. Why don’t we have this already in “the land of the free”? eh?

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