InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.41
(
0.46%
)
Bitcoin
62,809.41
(
-0.57%
)
Post# of 607
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Aerospace

Send PM Follow Ignore
Followers 2
Posts 1353
Boards Moderated 0
Alias Born 10/16/2006

Aerospace

Re: Botat post# 459

Friday, 03/12/2010 3:29:28 PM

Friday, March 12, 2010 3:29:28 PM

Post# of 607
Yes... there are countries out there that have totally given up on their own currency and only use the US dollar. there are many many other countries that use it in addition to their currency.
http://en.wikipedia.org/wiki/Dollarization

There are only a few currencies that are used like this. What makes you think that Iraq... with no economy except for Oil which is sold for dollars... what's going to make people around the world want to hold dinar?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up