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Frostbite

Posted by goldielocks @ 20:34 on December 30, 2015  

It seems to me although might be wrong that you are suggesting a particular PM will emerge in any new Bretton Woods conversations in the future meltdown? I’m not sure what will happen but this basket of currencies seems like a bad idea when History shows how these states have ended one currency or another and started over. It seems similar in away of a floating currency rate which has its benefits but also its lack of stability amongst other issues especially if not backed by that state with any financial resources. That’s what brought the U.S. to the reserve isn’t it? It’s stability compared to failing currencies  including the sterling , as well as its oil resources of that time?

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.