Hi there,
Quote:
Originally Posted by RobS
They are never gonna stop...
One thing US should worry about is going bankrupt... I mean 2 dollars to a pound now.. AND china has more US dollars than the US..
The US could easily be made bankrupt.
Think about that.
Rob
|
You shouldn't think of it as $2 to the £BP as that doesn't mean our currency is worth more than yours. It is worked out through exchange of stock, and means that neutral value has been decided throughout the board.
You want to worry when hyper-inflation happens, when $30,000 can only buy you a loaf of bread, and the average pay packet is $200,000, that's when your country is in danger. US still has cash!
But for Chine having more US dollars than the US??? Now that is odd
.
Regards,
Kieran Taylor.