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Tractor Talk Discussion Board

Re: Future price of fuel


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Posted by Mark - IN. on January 11, 2008 at 16:40:04 from (64.12.117.74):

In Reply to: Re: Future price of fuel posted by greygoat on January 11, 2008 at 08:12:27:

I fell asleep one evening with the AM alarm clock radio on, and woke up to some economist talking about all of this. He said that once the price of crude gets to about $130 per barrel, out US dollar (based upon gold) will crash, and then be replaced with the new North American currency, the "Amero" (based upon silver) which he said is already being minted in Denver. At that point, our North American currency will be more competetive with the Euro. The folks hit hardest will be Canada because their currency has higher value, and Mexico will prosper because they will be automatically elevated to the same as the US and Canada. About 2 months ago, former Mexican President Vincente Fox was on Larry King, and he said that the Amero will replace the US dollar within 10 years (did he let a planned cat slip out of the bag?), but this economist predicted that it'd be less than a year.

The whole thing so depressed me that I couldn't go back to sleep. So, I've got $$$ saved in the bank that becomes worthless when this all happens? Life savings go right out the window? If that happens across the board, I've gotta think that every politician in DC had better get on the space shuttle and leave planet Earth, because won't be a rock big enough for any of them to hide under.


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