Friday, January 22, 2010

Substitutes...

The tax liability levied upon U.S. citizens is one of the crucial elements that give value to the U.S. Dollar as a world reserve currency.

Since I have mentioned on this blog that sovereign governments will likely "mean revert" to different forms of organization (likely rejecting republican democracy in favor of simpler, more historical arrangements), what other currencies might fulfill a desire to place capital?

Since the Euro area will likely be relegated to the scrap heap of history, The Vatican can revert to issuing its own currency which may carry reserve currency status.

What about a currency based on Islam? On Buddhism?

My point here is that currencies can form balkanizing points just as well as geographical boundaries on a map.

2 comments:

Anonymous said...

Hello everyone!
I would like to burn a theme at here. There is such a thing, called HYIP, or High Yield Investment Program. It reminds of financial piramyde, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.

For quite a long time, I make money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I make 2G daily, and my first investment was 500 dollars only.
Right now, I'm very close at catching at last a guaranteed variant to make a sharp rise . Turn to my web site to get additional info.

http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

The Recapitulator said...

Wow. Sounds great. 2% daily. That only translates (given your initial "first investment" of 500 dollars)to first year earnings of $688,000. Amazing.

You must be investing with Zimbabwe dollars.

Everyone should be interested in this such thing reminds of piramyde.