This time, compared with the 2008 financial crisis, treatment involves a much larger distribution of money and much less quantitative easing. The writing is on the wall that some form of change is imminent, and a global monetary system reset may already be underway. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Incidentally, the government also encourages its citizens to buy gold. Such estimates of a future trend are difficult to predict, as we cant tell the future and the best we can do is make educated guesses. History also suggests buying dinars and dongs is not an effective buy-and-hold strategy either. Adam is an internationally recognised author on financial matters, with over 214 million answers views on Quora.com and a widely sold book on Amazon. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. The 4% Retirement-Asset Spend-Down Rule Is Rubbish. Contact us! average: $ 0.000; minimum: $ 0.000; maximum: $ 0.000 According to Mark Whitmore, founder and portfolio manager of Whitmore Capital, LP - a hedge fund that invests exclusively in currencies the likelihood of either currency ever trading on a par value to the US dollar is preposterous. He says that dinar advocates often note that Kuwaits currency appreciated hundreds of percent after Iraq left the country following its failed invasion. As a result, people began to prepare for a future dollar crash. Admittedly, this is sheer speculation and the eventual outcome is anyones guess. presentation-ready copies of Toronto Star content for distribution The standard definition would be a return to a global monetary system that all countries would agree to.
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