[LordOpie]

then we'll be warring over other stuff just like we have been for the last couple hundred thousand years.

Yes, but without oil, we'll be forced to engineer new forms of energy and technologies.

Then we can fight the next war with plasma cannons and genetic seeking bullets

 

[Changleen]

Then we can fight the next war with plasma cannons and Jew seeking bullets

 

[$tinkle]

"this is my plasma cannon; this is my gun"

 

[rockwool]

RR, you should read hegemony or survival by noam chomsky.

That's the book Chavez, in a UN speach, proposed everyone should read.

 

[rockwool]

"this is my plasma cannon; this is my gun"

Man, I hate to clean up the toilet after you shoot your self in the head with a plasma gun. There will be not just brains all over but that plasma to clean up. What a mess! If your drillserge is too hard on you, please give me a call and I'll sort him out.

 

[blue]

can't be. They're giddy that the value went down and other countries were annoyed at buying dollars to raise the value back up.

I didn't mean a small slide as right now, but the bottom dropping out of the dollar.

 

[LordOpie]

the dollar hasn't and will not bottom out any time soon. The dollar is way too involved in global economics for it to become pointless.

 

[fluff]

the dollar hasn't and will not bottom out any time soon. The dollar is way too involved in global economics for it to become pointless.

That's the whole point, doofus.

 

[valve bouncer]

That's the whole point, doofus.

Fluff is back, you little beauty. That Ipswich thing all sorted is it?
Good to see you again mate.

 

[valve bouncer]

That's the whole point, doofus.

Fluff's Back Everything OK? Not a born again fundiepistatestalot. I hope not. Wallowing in mire is bottmless and you fight to get out of the bottomless mire by rising to the top.
You're the hater at the top now. Swedge these mouthmovingmorons those do nathing sludgparts and rip then all asunder.

 

[fluff]

Fluff's Back Everything OK? Not a born again fundiepistatestalot. I hope not. Wallowing in mire is bottmless and you fight to get out of the bottomless mire by rising to the top.
You're the hater at the top now. Swedge these mouthmovingmorons those do nathing sludgparts and rip then all asunder.

How is to be drunk when the rulers of the world are just waking up mate?

 

[rockwool]

the dollar hasn't and will not bottom out any time soon. The dollar is way too involved in global economics for it to become pointless.

It won't become pointless but it will continue to decrease in value because more and more will be paid for in euro's.
The biggest change towards this (that I'm aware of) was when Saddam Hussein in 2000 asked the UN if Iraq could be paid in euro's instead for $ for the food for oil program. That's why the US had to punish Iraq.

Later the OPEC under the lead of Hugo Chavez disided that all oil have to be paid in euro's, but they kept the pricing in $. That meant that countries that previously had 75% of their money reserves in $, decreased it to 25%.

That is a hard blow to the Empire, and it will probably only worsen.

 

[valve bouncer]

How is to be drunk when the rulers of the world are just waking up mate?

Let'em slleep in their little subtarrean caverns. New pills are good, should have taken 2

 

[Kihaji]

It won't become pointless but it will continue to decrease in value because more and more will be paid for in euro's.
The biggest change towards this (that I'm aware of) was when Saddam Hussein in 2000 asked the UN if Iraq could be paid in euro's instead for $ for the food for oil program. That's why the US had to punish Iraq.

Later the OPEC under the lead of Hugo Chavez disided that all oil have to be paid in euro's, but they kept the pricing in $. That meant that countries that previously had 75% of their money reserves in $, decreased it to 25%.

That is a hard blow to the Empire, and it will probably only worsen.

Both the dollar and the Euro are aboslutely worthless. They are paper with an arbitrary value assigned to them. The decisions you listed above were nothing but political in nature, it has nothing to do with any percieved value.

Now, back when we had a gold standard and the US dollar was a reciept as well as currency, we might be able to talk about value of the dollar.

 

[LordOpie]

Both the dollar and the Euro are aboslutely worthless.

I agree. Please send me all your dollars and Euros.

 

[blue]

Both the dollar and the Euro are aboslutely worthless. They are paper with an arbitrary value assigned to them. The decisions you listed above were nothing but political in nature, it has nothing to do with any percieved value.

I really want to hit you upside the head right about now.

 

[Kihaji]

I really want to hit you upside the head right about now.

Why? Because you don't understand the concept of money? Or you actually believe the dollar has some sort of value beyond an arbitrary number placed upon it by private corporations?

Paper money, historically, was nothing more than a reciept for something precious, most usually gold. It was redeemable for that amount of gold. That is why money was valuable.

Now, in the absense of a gold standard, money is essentially worthless. Yes, you may be able to buy goods and services with it, but the intrinsic value of it is near, or at 0 in current times, especially when you compare the purchacing power of the dollar over time.

 

[LordOpie]

Gold is just a rock, so it has no value either.

Now, when you consider that gold is a rock and the dollar is paper... well, paper beats rock.

Therefore you're a fvcking moron.

 

[$tinkle]

Fluff is back, you little beauty. That Ipswich thing all sorted is it?
Good to see you again mate.

i didn't recognise him at first w/ the tanned cankles & council facelift.

 

[kidwoo]

Gold is just a rock, so it has no value either.

Now, when you consider that gold is a rock and the dollar is paper... well, paper beats rock.

Your people™ are wise to the ways of the wealth.

 

[sanjuro]

Why? Because you don't understand the concept of money? Or you actually believe the dollar has some sort of value beyond an arbitrary number placed upon it by private corporations?

Paper money, historically, was nothing more than a reciept for something precious, most usually gold. It was redeemable for that amount of gold. That is why money was valuable.

Now, in the absense of a gold standard, money is essentially worthless. Yes, you may be able to buy goods and services with it, but the intrinsic value of it is near, or at 0 in current times, especially when you compare the purchacing power of the dollar over time.

If it is worthless, then can I have yours? I was just going to use it for kindling...

Uh, doesn't the governments of the world back up their own currency with their economic worth?

 

[ohio]

Paper money, historically, was nothing more than a reciept for something precious, most usually gold. It was redeemable for that amount of gold. That is why money was valuable.

I wish you were in charge.