The Mudcat Café TM
Thread #79147 Message #1432796
Posted By: Little Hawk
11-Mar-05 - 11:19 PM
Thread Name: BS: Last chance to cash in US dollars
Subject: RE: BS: Last chance to cash in US dollars
I hope your faith in the Greenback is justified, Doug, because my business survives on products paid for in American dollars. It's been getting leaner and leaner as the dollar goes down...from $1.55 Canadian not long ago to today's $1.19 Canadian at the bank.
I'm glad I bought gold awhile back, let me tell you.
What worries me more than that, though, is that major monetary collapses sometimes result in major wars not too far down the road.