G-Max
Deity
- Joined
- May 20, 2006
- Messages
- 2,556
When are we going to discover the cunning plan that lays behind these 3 innocent looking questions?
Since the last thread got locked before I had a chance to answer this question, I'm creating a new one.
When other countries stop accepting dollars for their exports, those dollars get thrown back into circulation. This devalues the currency. When the dollar devalues quickly enough, other countries get nervous and also stop accepting dollars. This process accelerates, creating hyperinflation - and when the government tries all sorts of stupid tricks to curb inflation, and those tricks backfire, you get a currency crisis. Because countries are starting to dump the dollar, professional economists are predicting that the US will suffer a currency crisis within the year. This could be easily prevented if we just stopped printing paper money, or at least printed less of it, thus preserving the value of the dollar and encouraging other countries to keep accepting it.
Bottom line: America as we know it will probably cease to exist within the year all because Ron Paul was not elected President in 2008 and won't be elected in 2012. Congratulations.
Moderator Action: Starting a duplicate of a locked thread/PDMA.
Please read the forum rules: http://forums.civfanatics.com/showthread.php?t=422889