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Comments on: Are excess reserves driving a “currency misalignment”
http://www.tvhe.co.nz/2009/12/28/are-excess-reserves-driving-a-currency-misalignment/
The Visible Hand in EconomicsTue, 05 Jan 2010 14:11:33 +0000
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By: Thomas jones
http://www.tvhe.co.nz/2009/12/28/are-excess-reserves-driving-a-currency-misalignment/#comment-22518
Tue, 05 Jan 2010 14:11:33 +0000http://www.tvhe.co.nz/?p=4585#comment-22518I agree, teh value of the dollar is nothing compared to the euro.
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By: Jason Hommel
http://www.tvhe.co.nz/2009/12/28/are-excess-reserves-driving-a-currency-misalignment/#comment-22470
Fri, 01 Jan 2010 17:19:13 +0000http://www.tvhe.co.nz/?p=4585#comment-22470You can’t trust paper money. In all of history, wherever paper money has been issued, its value has eventually gone to zero. Its intrinsic value is nothing, and there is no exception. Yes, even the dollar.
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