Comments on: What would the likely impact on the US economy be if the dollar were dumped as the reserve currency? http://www.myylt.com/2009/04/23/what-would-the-likely-impact-on-the-us-economy-be-if-the-dollar-were-dumped-as-the-reserve-currency/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 00:31:39 +0000 http://wordpress.org/?v=2.3.3 By: B0uncingMoonman@aol.com http://www.myylt.com/2009/04/23/what-would-the-likely-impact-on-the-us-economy-be-if-the-dollar-were-dumped-as-the-reserve-currency/#comment-13536 B0uncingMoonman@aol.com Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/04/23/what-would-the-likely-impact-on-the-us-economy-be-if-the-dollar-were-dumped-as-the-reserve-currency/#comment-13536 Some other country`s currency would take over. Yours would just become a secondary currency. This could affect the US prosperity. Some other country`s currency would take over. Yours would just become a secondary currency. This could affect the US prosperity.

]]> By: Itchy1977 http://www.myylt.com/2009/04/23/what-would-the-likely-impact-on-the-us-economy-be-if-the-dollar-were-dumped-as-the-reserve-currency/#comment-13537 Itchy1977 Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/04/23/what-would-the-likely-impact-on-the-us-economy-be-if-the-dollar-were-dumped-as-the-reserve-currency/#comment-13537 The dollar would become incredibly weak, and the economy would nose dive. there are rumours around right now that China wants to dump its reserves of USD (around 2 trillion dollars) the dollar could eventually be replaced as the world's main reserve currency by the Special Drawing Right (SDR), which was created as a unit of account by the IMF in 1969. The dollar would become incredibly weak, and the economy would nose dive. there are rumours around right now that China wants to dump its reserves of USD (around 2 trillion dollars)

the dollar could eventually be replaced as the world's main reserve currency by the Special Drawing Right (SDR), which was created as a unit of account by the IMF in 1969.

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