View Single Post
Old 05-10-2012, 18:25   #78
Senior Member
devildog2067's Avatar
Join Date: Apr 2005
Location: Chicago
Posts: 17,765
Originally Posted by Atlas View Post
So you assume that any replacement for the dollar as the world's reserve would necessarily be a currently existing, sovereign currency?

But it's not going to be a basket of currencies, it's not going to be an SDR, and it's not going to be gold.

I can imagine a few things that are not existing sovereign currencies--maybe something like an energy credit (literal energy, like a gigajoule dollar). I'm not an economist and I don't have the imagination to come up with something truly revolutionary (if I did, that's what I'd be doing for a living right now!).
devildog2067 is online now   Reply With Quote