Say goodbye to the dollar...

[margotb822]

"It is the faith in the US government that gives US currency its value."

~From the Discovery Channel Show: Inside the World’s Mightiest Bank: The Federal Reserve (2000)

eidt: I heard this while flipping channels, and thought it was more pertinent now than when this show was made.

[Bozita]

1. The fifty is the new twenty.

I was at the supermarket yesterday.

[Liberal Gramma]

3. No kidding

I was a bank teller back in the Iron Age and customers would say, "No twenties, please, they're too hard to break." If only!

[Warpy]

5. Hell, I remember carrying a tenner around for days

because there wasn't enough money in the average till to break it. Now I can drop a hundred and they only grumble about it at mini marts.

[rzemanfl]

6. Fifties won't be the new twenty until ATMs start giving them out.

Except at WalMart where people without bank accounts shop.

[Double T]

2. 'Faith' has certainly affected the value of the ALMIGHTY dollar.

I'm certain HOPE will ALSO not be good for the value of the dollar.

[elizfeelinggreat]

4. then do you think

that the world('s faith) will reflect the benefit of who we elect in November?

And I mean a Democrat, not WHICH Democrat ;)

[ThomWV]

7. Not entirely true, there is also the value of all that grain we export

And the other things we export as well. In the end they are the only value our nation has, and in losing the ability to manufactur we have quickly lost much, if not all of that. There is still the agricultural exports, there are still the timber exports, there are still the metal exports.

[maseman]

9. Maybe this is an opportunity to

start manufacturing more stuff to export.

[PSPS]

10. You're describing the economy of a third-world country

One of the definitions of a third-world economy is that it exports raw materials and imports finished goods made with those raw materials.

Since we have no domestic manufacturing anymore, we have just become a vast country to mine for raw materials by foreign manufacturers.

[ThomWV]

11. In the venacular, 'true that'

[roamer65]

8. I don't get fifties very much.

I get $20's from the machines, but it takes a LOT more 20's to pay for things nowadays.