radar47 Posted February 23, 2011 Report Share Posted February 23, 2011 What would happen to our dinar investment if the U.S. Dollar tanks? I read somewhere that China has asked IMF to be added to the SDR basket of curriences. If this happens what does this mean for dinar investors? Link to comment Share on other sites More sharing options...
keepmwlknfny Posted February 23, 2011 Report Share Posted February 23, 2011 if the USD falls we make money on the gap being closed between the dinar and the dolllar.....just sucks cause our purchasing power will deflate at the same time 1 Link to comment Share on other sites More sharing options...
dinardlee Posted February 23, 2011 Report Share Posted February 23, 2011 if the USD falls we make money on the gap being closed between the dinar and the dolllar.....just sucks cause our purchasing power will deflate at the same time well said. Link to comment Share on other sites More sharing options...
anonmouse013 Posted February 23, 2011 Report Share Posted February 23, 2011 Then we cash-in in another currency, say Euros?? Link to comment Share on other sites More sharing options...
BanG Posted February 23, 2011 Report Share Posted February 23, 2011 What would happen to our dinar investment if the U.S. Dollar tanks? I read somewhere that China has asked IMF to be added to the SDR basket of curriences. If this happens what does this mean for dinar investors? You are correct. China will now be included in the basket of currencies. Of major concern is if the IMF or G20 decides to replace the Dollar as the world reserve currency, that happens then were dead meat. For now we can just go on printing money as needed. Link to comment Share on other sites More sharing options...
JLT Posted February 23, 2011 Report Share Posted February 23, 2011 if the dollar crashes,,, one should just move... TAXES will be retarded. Go to South America or Asia and live like a king. Link to comment Share on other sites More sharing options...
gene45750 Posted February 24, 2011 Report Share Posted February 24, 2011 I prefer Mexico or Belize myself!! 1 Link to comment Share on other sites More sharing options...
emmet Posted February 24, 2011 Report Share Posted February 24, 2011 Any America that leaves the states will be hunted down for the taxes they supposed own to the United States. 1 Link to comment Share on other sites More sharing options...
Recommended Posts