Petro Dollars … ran Bourse will open to trade oil, not n dollars but in Euros’* This apparently insignificant event has consequences far greater for the US p … During that war the US supplied provisions and munitions to all its allies, refusing currency and demanding gold payments in exchange….The whole world […]

Don’t count on Fed bailout for plunging U.S. currency - San Francisco Gatedel.icio.us Federal rescue plans are all the rage in Washington right now, for what seems to be everything but the dollar. The U.S. currency is not going to get a bailout, even though its steep decline is feeding inflation and straining the economy […]