US Debt/Deficit and Monetary

[Hot Mega]

The Kuwaiti Dinar is roughly 3 USD to 1 KWD.

The Iraqi Dinar before it's collapse ensuing the war(s) was about the same and this was even before Iraq could maximize their potential to get and trade much of their light sweet crude.

For all the doom and gloom naysayers about the US debt, etc., etc., What will happen when the Iraqi Dinar is revalued and traded since the US is the largest holder of IQDs outside of Iraq (est. 4T IQD)?:o

In this case the US would seem to be in a position to make a whole lotta (I mean ALLOT) of moola.

I wonder what the Tea Baggers will have to say then?:crying:

Got Dinars?

 

[busenbust]

{unsure of dinar but look at the usd/yen ! waterfall !! :shocked2: :shocked:

 

[Hot Mega]

!! Where are all the eggheads on this?????:hairpull::hairpull:

Surely their calculus should have some mention of IQD revaluation scenario....

pfft...pussies....

 

[busenbust]

^^:laugh: I know ! chickens ! I know: Palin will have an answer :yahoo:

{oh, and dixie dollar index is looking good ; re equities too: 2008 lows will be met - by November perhaps ? :here's hoping ! }


mega: prob. the obese amongst us were looking for diner ! :clown: }

 

[Rey C.]

Good thread topic. I don't have an answer and I don't know very much about forex. But here's an interesting article:

Is The Iraqi Dinar Worthless Paper Or Maker Of Millionaires?

 

[Will E Worm]

“There ain’t no f—deficit, it’s a f—lie and it’s a f—illusion in the first place. But you wanna end it, you wanna end it, legalize pot: biggest cash crop in America. Deficit’s gone. But I am so sick of hearing about, ‘Well, your leaders misspent your hard-earned tax dollars, so you the people, now have to tighten your belts … because we, your leaders, misspent your money.’ You know what would make tightening my belt a little easier? If I could tighten it around Jesse Helms’s scrawny little chicken-neck. … I’d tighten my belt if that were the case. I’d eat bologna for a week. … I’d sacrifice.”

Link

Vices Are Not Crimes, by Lysander Spooner

Vices are those acts by which a man harms himself or his property.

Crimes are those acts by which one man harms the person or property of another.

 

[Hot Mega]

Good thread topic. I don't have an answer and I don't know very much about forex. But here's an interesting article:

Is The Iraqi Dinar Worthless Paper Or Maker Of Millionaires?

The 'article' speculates whether the plan was to collect taxes on income from IQD 'investments'.

It doesn't address what the US does with the profits from the 4T IQDs its holding.

All of the

(eggheads) must be now. :dunno:

 

[Rey C.]

The 'article' speculates whether the plan was to collect taxes on income from IQD 'investments'.

It doesn't address what the US does with the profits from the 4T IQDs its holding.

All of the

(eggheads) must be now. :dunno:

To be honest with you, I'd be thrilled to learn that there was a (secret) Roman strategy in all of this foolishness - even if it was by accident.

Forex really isn't my bag. Who holds this currency, the Fed? Without collapsing it, they couldn't sell it all at once. But even if they could show a "paper profit", at least we'd have something to show for Bush's nation building exercise in the desert.

Which reminds me... the next time I get drunk and go out to a bar, I need to remind myself to punch a neocon in the face. I haven't hit anybody in a loooong time. If I'm going to chance a charge and a lawsuit, seems like this would be a worthwhile way to go. Just like dear old dad did it: down & out with one punch. Wonder if I have it in me still? :dunno:

 

[Mayhem]

“There ain’t no f—deficit, it’s a f—lie and it’s a f—illusion in the first place. But you wanna end it, you wanna end it, legalize pot: biggest cash crop in America. Deficit’s gone. But I am so sick of hearing about, ‘Well, your leaders misspent your hard-earned tax dollars, so you the people, now have to tighten your belts … because we, your leaders, misspent your money.’ You know what would make tightening my belt a little easier? If I could tighten it around Jesse Helms’s scrawny little chicken-neck. … I’d tighten my belt if that were the case. I’d eat bologna for a week. … I’d sacrifice.”

Link

You are the last person in the world I'd expect to see quoting Bill Hicks. :1orglaugh

 

[Will E Worm]

You are the last person in the world I'd expect to see quoting Bill Hicks. :1orglaugh

I like some of what he says.

What about Lysander Spooner?

 

[tynar]

I'm not sure what eggheads are supposed to say or who they are, but I'm glad there is a silver lining.

I'd like to see the USD regain some value and trade better vs CAD

 

[busenbust]

^amazing how -- still -- strong and resilient the euro has been too...

 

[maildude]

The whole world's falling apart and we're worried about a diner?

 

[tynar]

The whole world's falling apart and we're worried about a diner?

:wtf:


...well...a diner with a good cup of coffee and breakfast is a mighty good thing.

 

[busenbust]

^^:laugh: I know ! chickens ! I know: Palin will have an answer :yahoo:

{oh, and dixie dollar index is looking good ; re equities too: 2008 lows will be met - by November perhaps ? :here's hoping ! }


mega: prob. the obese amongst us were looking for diner ! :clown: }

:wtf:


...well...a diner with a good cup of coffee and breakfast is a mighty good thing.

:yahoo:

 

[tynar]

:yahoo:

Did someone want to buy an "n"?