tag:blogger.com,1999:blog-24279830.post840326242632417789..comments2023-09-10T09:42:14.978-04:00Comments on Fears and Frets: Seeking a currencyRionn Fears Malechemhttp://www.blogger.com/profile/05998730706323172918noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-24279830.post-41483796472434690952007-08-26T16:29:00.000-04:002007-08-26T16:29:00.000-04:00Thanks, Dean. The full text of the essay you excer...Thanks, Dean. The full text of the essay you excerpted can be read at http://info.bahai.org/article-1-7-3-1.html<BR/>Note the Brazilian connection again ;)<BR/>The Iraqi Dinar so far looks like someone pours a lot of money in at the end of each trading day to bring it back in line with the dollar.<BR/>http://finance.yahoo.com/currency/convert?from=IQD&to=USD&amt=1000&t=5d<BR/>And I think Iraq's government is unstable enough that we can expect some major devaluing events once we abandon whatever control we have now over their fiscal policy.Rionn Fears Malechemhttps://www.blogger.com/profile/05998730706323172918noreply@blogger.comtag:blogger.com,1999:blog-24279830.post-53624635078889352212007-08-26T03:34:00.000-04:002007-08-26T03:34:00.000-04:00"It would be difficult to exaggerate the psycholog..."It would be difficult to exaggerate the psychological and social impact of the anticipated replacement of the jumble of existing monetary systems--for many, the ultimate fortress of nationalist pride--by a single world currency operating largely through electronic impulses."<BR/><BR/>... personally i am leaning towards the new iraqi dinar ... but it will probablly take 30 yrs or more for the cantral bank of iraq to incorporate/take over all other central banks ...<BR/><BR/>perhaps local currencies will do well in america ... other prospects for short term gain ... vietnam/scottish pound/south african rand/ ... odd ball hail mary to parguay/chile ...<BR/><BR/>good luck in your quest ...<BR/><BR/>God is Most GloriousAnonymousnoreply@blogger.com