[FoRK] Re: [silk] The Demise Of The Dollar

Jeff Bone <jbone at place.org> on Mon Jun 4 16:23:06 PDT 2007

On Jun 4, 2007, at 2:16 PM, Stephen D. Williams wrote:

>> Nobody with any sense is keeping assets in dollars anymore. All the
>> usual billionaires ( like Buffet, Gates ) and governments and even US
>> folks know whats coming and have stated as much. If you're still  
>> one of
>> the fools holding dollars, pull your head out of your butt already  
>> and
>> convert the dollars into anything else.
> So it follows that the best place to hold debt is in dollars.
> Maybe that is someone's strategy.

That's more than just someone's strategy, that's (fairly obviously)  
*administration policy* at this point.


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