Comments on: Is the dollar doomed? http://www.subramoney.com/2009/11/is-the-dollar-doomed/ Personal Finance Wed, 10 Mar 2010 13:01:55 +0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Dr Mohammed Ali Khan http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1918 Dr Mohammed Ali Khan Mon, 09 Nov 2009 16:01:18 +0000 http://www.subramoney.com/?p=2581#comment-1918 Yes I'm a Medical Doctor and an Anaesthesiologist Yes
I’m a Medical Doctor and an Anaesthesiologist

]]> By: mansoor panjwani http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1917 mansoor panjwani Mon, 09 Nov 2009 15:10:23 +0000 http://www.subramoney.com/?p=2581#comment-1917 Dr. Khan If u could please tell me,are you a doctor in medicine? Apology if u think it too personal question. Dr. Khan
If u could please tell me,are you a doctor in medicine? Apology if u think it too personal question.

]]> By: Ravinder Makhaik http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1916 Ravinder Makhaik Mon, 09 Nov 2009 10:08:46 +0000 http://www.subramoney.com/?p=2581#comment-1916 The argument advanced by Dr Khan does make sense ' a shift to Gold Standard could clip powers of governments - its impact on taking decisions about going or not going to war is debatable but how a currency tied to Gold Standard could impact commerce, trade and try have a more equitable society has also to considered. The argument advanced by Dr Khan does make sense ‘ a shift to Gold Standard could clip powers of governments – its impact on taking decisions about going or not going to war is debatable but how a currency tied to Gold Standard could impact commerce, trade and try have a more equitable society has also to considered.

]]> By: Dr Mohammed Ali Khan http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1912 Dr Mohammed Ali Khan Sun, 08 Nov 2009 18:41:59 +0000 http://www.subramoney.com/?p=2581#comment-1912 http://www.goldstandardinstitute.com/goldwars_ferdinandlips.pdf http://www.goldstandardinstitute.com/goldwars_ferdinandlips.pdf

]]> By: Dr Mohammed Ali Khan http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1911 Dr Mohammed Ali Khan Sun, 08 Nov 2009 18:41:22 +0000 http://www.subramoney.com/?p=2581#comment-1911 Another advantage of the Gold Standard cited by the " Gold Bugs " is that Governments cannot overspend on costly wars with the Gold standard.. They contend that if the warring nations of Europe had not discontinued the Gold standard during World War 1, the War in Europe would have been over in a matter of weeks and not dragged on for 4 years from 1914 to 1918. They also assert that the power of the Governments will be clipped with the Gold Standard and this will mean less wars and less atrocities... Do the readers of Subramoney.com agree ? Another advantage of the Gold Standard cited by the ” Gold Bugs ” is that Governments cannot overspend on costly wars with the Gold standard.. They contend that if the warring nations of Europe had not discontinued the Gold standard during World War 1, the War in Europe would have been over in a matter of weeks and not dragged on for 4 years from 1914 to 1918.
They also assert that the power of the Governments will be clipped with the Gold Standard and this will mean less wars and less atrocities… Do the readers of Subramoney.com agree ?

]]> By: Sukumaran http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1910 Sukumaran Sun, 08 Nov 2009 15:35:03 +0000 http://www.subramoney.com/?p=2581#comment-1910 I agree that it is difficult to imagine a world where $ is not supreme. Imagine if there were options available in 1973 Nixon cheating the world by going off the gold standard would have plunged the world in a big crisis. So instead of keeping money in $ it is better to keep it in assets like gold, real estate (even in US) or Australia, India, Dubai. Unlike if it is so much that you need to worry about multi currency risks. Simplest is gold etf hoping to protect yourself against inflation - and not hoping to make too much money. Treat is as a saving, not as an investment. I agree that it is difficult to imagine a world where $ is not supreme. Imagine if there were options available in 1973 Nixon cheating the world by going off the gold standard would have plunged the world in a big crisis. So instead of keeping money in $ it is better to keep it in assets like gold, real estate (even in US) or Australia, India, Dubai. Unlike if it is so much that you need to worry about multi currency risks. Simplest is gold etf hoping to protect yourself against inflation – and not hoping to make too much money. Treat is as a saving, not as an investment.

]]> By: Ravinder Makhaik http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1909 Ravinder Makhaik Sun, 08 Nov 2009 13:46:02 +0000 http://www.subramoney.com/?p=2581#comment-1909 Subra, That's a terrible scenario waiting in the dark to unfold should the Dollars southward journey catch speed. You have recorded what conflicts occurred in the transition from Pound to Dollar as a Global currency. The World is much more a integrated place since then, and what a defeated Dollar could mean would be extremely hard to foretell. But I do find myself in concurrence with the view that the Dollar is headed south and is every likelihood will sooner or later snowball into a crisis -- which may eventually contain Global Warming. Subra,

That’s a terrible scenario waiting in the dark to unfold should the Dollars southward journey catch speed.

You have recorded what conflicts occurred in the transition from Pound to Dollar as a Global currency.

The World is much more a integrated place since then, and what a defeated Dollar could mean would be extremely hard to foretell.

But I do find myself in concurrence with the view that the Dollar is headed south and is every likelihood will sooner or later snowball into a crisis — which may eventually contain Global Warming.

]]> By: praveen Goswami http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1908 praveen Goswami Sun, 08 Nov 2009 11:34:56 +0000 http://www.subramoney.com/?p=2581#comment-1908 wow! An Indirect advice to world for change ... shift in economic values... http://blog.investraction.com/2009/11/rbi-buys-200-tons-of-gold-from-imf.html must see this for more economical support for this blog... wow! An Indirect advice to world for change … shift in economic values…
http://blog.investraction.com/2009/11/rbi-buys-200-tons-of-gold-from-imf.html
must see this for more economical support for this blog…

]]> By: Dr Mohammed Ali Khan http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1907 Dr Mohammed Ali Khan Sun, 08 Nov 2009 11:27:21 +0000 http://www.subramoney.com/?p=2581#comment-1907 http://capmag.com/article.asp?ID=5339 http://capmag.com/article.asp?ID=5339

]]> By: Dr Mohammed Ali Khan http://www.subramoney.com/2009/11/is-the-dollar-doomed/comment-page-1/#comment-1906 Dr Mohammed Ali Khan Sun, 08 Nov 2009 11:24:43 +0000 http://www.subramoney.com/?p=2581#comment-1906 But Subra If not dollar.. Then what.. The US rightwing people are clamoring for a return to the Gold Standard.. Will Gold return to its historical place as the single world currency.. In fact for much of human history Gold has been the common currency.. Even the Pound and Dollar became popular because of their Gold Standard.. Will it usher in a new era of financial stability ? Like the "Gold Bugs" predict... What will happen to the central banks if this happens..? But Subra
If not dollar.. Then what..
The US rightwing people are clamoring for a return to the Gold Standard..
Will Gold return to its historical place as the single world currency..
In fact for much of human history Gold has been the common currency..
Even the Pound and Dollar became popular because of their Gold Standard..
Will it usher in a new era of financial stability ? Like the “Gold Bugs” predict…
What will happen to the central banks if this happens..?

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