http://buckneronbusiness.disqus.com/exploring the intersection of economics and realityenWed, 02 Dec 2009 11:42:22 -0000http://www.buckneronbusiness.com/blog/say-goodbye-to-the-dollar/#comment-24605058<p>This is really scary to someone like me at the bottom of the economic ladder. The implications would be devistating for my neighbors as well as myself. I get by paycheck to paycheck and know that if my purchasing power decreased by the amounts that you alude to it would ruin almost every one that I know. We would survive but it would be hard. I tried to tell some of my co-workers and neighbors about what you have said and it went over their heads because they didn't want to hear it. That scares me more than what you wrote about. This artical explains the situation so well. Please continue writing because most of what I read is how well the economy is turning around. I didn't like your conclusions but they seemed more truthfull than what I have listened to in the news. What do we need to do as a nation to resolve this problem? And is there anything an average citizen can do to improve our own lives if things go the way you have suggested?</p>Earl BowenWed, 02 Dec 2009 11:42:22 -0000http://www.buckneronbusiness.com/blog/say-goodbye-to-the-dollar/#comment-24387486<p>When will gold hit $5000/oz ?</p>rjm6795Mon, 30 Nov 2009 21:14:22 -0000http://www.buckneronbusiness.com/blog/say-goodbye-to-the-dollar/#comment-20095319<p>...so I'm guessing the SDR's issued in 1980 were euro's, right? And if so would they issue more euro's or would it be called something else...like maybe they might call it a barack?!?</p><p>No but seriously, I really do want to know.</p><p>Also, I can't quite wrap my mind around how they (IMF) can just issue money without anything to back it up. Ya ya I know the feds are doing that, but at least the US has an actual country, admittedly shaky, but still something to back it up.</p>lbickmoreWed, 14 Oct 2009 23:37:46 -0000http://www.buckneronbusiness.com/blog/say-goodbye-to-the-dollar/#comment-17735075<p>I like the assessment, but I have to question whether or not SDRs are really such a terrible thing. I guess I don't believe that there is ample evidence that their implementation will be permanent enough to dethrone the dollar in the long-term, especially based on their use in the 1980s. Am I naive in thinking this?</p>jaredcovingtonMon, 28 Sep 2009 15:07:23 -0000