Ask Experts Questions for FREE Help!
Answer   ||    Advanced Search

Ask your question or search...
International Sites: Nederlandse experts vragen
User Name 
Password 
Join   Forgot password? 

Home > Money & Services > Investing   »   Will! the Iraq Dinar,Ever become eqaul to the Dollar?

Question
 
 
#1  
Old Apr 26, 2007, 09:56 AM
missouritom
New Member
missouritom is offline
 
Join Date: Apr 2007
Posts: 3
missouritom See this member's comment history on his/her Profile page.
Will! the Iraq Dinar,Ever become eqaul to the Dollar?

Helo ,I was watching the science channel about global warming and the future energy crises ,Will those countries wi the huge oil deposits make there economies and money worth allot more as the oil resources become more scarce ,

Reply With Quote
 
     

Answers
 
 
Old May 17, 2007, 01:53 PM   #2  
Senior Tax Expert
AtlantaTaxExpert is offline
 
Join Date: Feb 2005
Location: Atlanta, Georgia
Posts: 13,323
AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.
The law of supply and demand will ultimately rule.

If oil becomes scarce enough, the oil suppliers will benefit and eventually take the lead in the world economy.
  Reply With Quote
 
     
 
 
Old Jun 1, 2007, 09:01 PM   #3  
Full Member
ActionJackson is offline
 
ActionJackson's Avatar
 
Join Date: Jun 2007
Location: Colorado Rocks! (and Mountains)
Posts: 301
ActionJackson See this member's comment history on his/her Profile page.
Quote:
Originally Posted by missouritom
Helo ,I was watching the science channel about global warming and the future energy crises ,Will those countries wi the huge oil deposits make there economies and money worth allot more as the oil resources become more scarce ,
My opinion. It's not a matter of whether the monetary systems of other countries will rise to the value of the America's monetary system. I look at it more in terms of the dollar continuing to lose value to the point that it is as weak as foreign money. With our national debt at an all-time record high coupled with the fact that Communist China continues to grab the world's assets i.e. natural resources coupled with fact that more and more US businesses are jumping ship and moving operations to foreign lands coupled with the fact that our current government is bending over backwards to destroy our national borders and turn us into a "North American Union," I believe that it's a matter of time when our system collapses. China will dominate the world market and we will be at their mercy.
  Reply With Quote
 
     

Your Answer
Email me when someone replies to my answer
Join Login



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Ask your question or search...



Similar Threads
1935E Silver Certificate Dollar
(5 replies)
Soldier in Iraq
(7 replies)
Value of a silver certificate dollar
(1 replies)
1990 dollar comparison?
(2 replies)
Inflation and the effect on the dollar
(1 replies)

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Search this Thread

Advanced Search

Bookmarks





Copyright ©2003 - 2009, Ask Me Help Desk.
All times are GMT -8. The time now is 10:50 AM.