Posts Tagged ‘greenback’

US New Cry: In Gold-Standard We Trust

gold-standard

Although to many the idea of getting the dollar back into the gold standard is far fetched, there has been more and more discussions and debates about this recently. The reason for talks of pegging the dollar back to the precious metal is the threat of coming hyperinflation.

When Will the Renminbi Overtake the Dollar?

(SovereignMan.com) Without a doubt, the existing global financial system depends on the widespread use of fiat currencies issued by insolvent governments.  The wealth of the world’s large financial institutions requires that there be currencies with sufficient size and circulation to absorb massive capital flows. The current system is based primarily on the dollar; with a [...]