lawl. alot of countries are already trying to switch from the US dollar to euro or other currencies..
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html
http://standardtimespress.org/?p=137
http://en.wikinews.org/wiki/US_dollar_no_longer_accepted_at_Taj_Mahal_and_other_Indian_historical_sites
http://www.thepeoplesvoice.org/TPV3/Voices.php/2011/02/03/mexican-government-successfully-sheds-th
even mexico is starting to reject the US dollar. Research it. (not talking bout watching cnn or fox)
lawl again. What do you think the point is in printing money? and we put it into the economy when needed?... like, when gas prices go up? food? The more money printed by the federal reserve, the more debt for the country, the more the american's pay, due to your $$ being worth less.
i found this, this breaks it down better that I ever could. http://theeconomiccollapseblog.com/archives/it-is-now-mathematically-impossible-to-pay-off-the-u-s-national-debt
Well as history has proven again and again, 'printing' your way out of debt only prolongs the inevitable. I respect your views, but the whole 'lets keep trying a system that has proven failure'... can't comprehend.
your post is so faceplam worthy I don't know where to start.
OK, fist of all, a few placed not accepting the US dollar as currency means not. If I went to the UK and tried to pay with a US dollar they would tell me to get lost. That's a useless point. There is a difference between a country using a second form of currency and the US dollar being a world currency. Also, you have yet to post anything that that shows countries are favoring the Euro over the dollar, just an article, dated 2009 I might add, that say a few countries were considering it.
As for your second set of comments, you clearly do no understand how the Fed operated and what it is supposed to do. We print more money because money is constantly being destroyed, so to balance it out, we need to put more into the economy. Printing more money is also important when it comes to facing recessions. Yes, printing money causes inflation, but the extra money for the time being can help ease the pain of an economic crisis The idea of printing more money has nothing to do with paying off debt, you're stupid to think so. Stop talking as if you know more about money and the economy than the Fed does, you don't.
I never said anything along the lines of "let's keep trying a system that has failed." I'll tell you what, since you seem to know everything about the economy and how it is awful, YOU come up with a better system and then you can talk shit about capitalism all you want. Until then though, capitalism is the best we have.