Comments on: Sesit: Dollar Reserve Status Is Tale of Fading Glory http://www.rapidtrends.com/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/ Lets talk about why Fiat Currency and Inflation is Bad Juju Sat, 13 Mar 2010 17:15:22 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Alex Stanczyk http://www.rapidtrends.com/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/comment-page-1/#comment-2472 Alex Stanczyk Wed, 15 Oct 2008 15:14:37 +0000 http://www.rapidtrends.com/blog/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/#comment-2472 Thanks for stopping by, couldnt agree with you more! All the best, Alex Thanks for stopping by, couldnt agree with you more!

All the best,
Alex

]]> By: Dr. Katherine hans Vonchslayerlair http://www.rapidtrends.com/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/comment-page-1/#comment-2471 Dr. Katherine hans Vonchslayerlair Wed, 15 Oct 2008 14:34:50 +0000 http://www.rapidtrends.com/blog/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/#comment-2471 The very idea of currencies base on faith is a fraud. Every attempt to creat currencies base on faith has always failed and will always failed. Also currencies base on faith allows governments to just print money because it is a tempation too hard to resist. What is needed is a gold or silver back currency with fix rates of exchange to chase away the vultures. The very idea of currencies base on faith is a fraud. Every attempt to creat currencies base on faith has always failed and will always failed. Also currencies base on faith allows governments to just print money because it is a tempation too hard to resist. What is needed is a gold or silver back currency with fix rates of exchange to chase away the vultures.

]]> By: Simon Heapes: In ages past it was the Byzantine Empire, today is it China and OPEC? | Your Financial Future http://www.rapidtrends.com/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/comment-page-1/#comment-365 Simon Heapes: In ages past it was the Byzantine Empire, today is it China and OPEC? | Your Financial Future Thu, 08 May 2008 18:08:44 +0000 http://www.rapidtrends.com/blog/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/#comment-365 [...] Alex’s Notes: This quick note was fired to me from Simon Heapes, Director and Treasury Officer of The Anglo Far East Bullion Company. This was his comment and response to my post on the possibility of China holding the next world reserve currency: [...] [...] Alex’s Notes: This quick note was fired to me from Simon Heapes, Director and Treasury Officer of The Anglo Far East Bullion Company. This was his comment and response to my post on the possibility of China holding the next world reserve currency: [...]

]]> By: mandeville hugo http://www.rapidtrends.com/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/comment-page-1/#comment-284 mandeville hugo Mon, 05 May 2008 09:02:31 +0000 http://www.rapidtrends.com/blog/2008/05/04/sesit-dollar-reserve-status-is-tale-of-fading-glory/#comment-284 I totally agree with this excellent and wise writing, the problem is the loss of TRUST . When you just look at the beatings the banks got and you can imagine they do ALL they CAN to keep the losses minimalized, you can understand that the damage is far bigger than admitted and everybody tries to get out of the trap without making noise. I think end september 2008 when all are back from holdidays the usdollar will suddenly implode like a termite fretted house. I totally agree with this excellent and wise writing, the problem is the loss of TRUST . When you just look at the beatings the banks got and you can imagine they do ALL they CAN to keep the losses minimalized, you can understand that the damage is far bigger than admitted and everybody tries to get out of the trap without making noise. I think end september 2008 when all are back from holdidays the usdollar will suddenly implode like a termite fretted house.

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