Fri 23 May 2008
The US Dollar is so 20th Century
Posted by RichSlick under Money Management
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Do you remember the glory days of the British Pound? There was a time when Sterling was the ruling currency of the world (1800’s) and if you look closely at the US Constitution, Article I Sections 9 & 10 have the term “dollar” in them but the basis of that particular dollar was Spanish milled dollars so at one point in history (the 1700’s), the Spanish currency was the global standard.
So without a doubt, the US currency reigned supreme in the 1900’s and the big question now is what will be the dominating currency of the world in the 21st century? Will it be Rupees? Yuan? I have strong doubts it will be the Euro so which one will take center stage?
























