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Discussion Starter · #1 · (Edited)

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Diamond with Oak Clusters Bullet Member
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69,466 Posts
This is old neews. They announced this about a year ago. Get rid of the dollar and the US cannot freeze their money.
 

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Gold Bullet Member and Noted Curmudgeon
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98,333 Posts
Doesn't matter what they use for currency basis - if they have holdings in any bank or financial institution under US control, the assets can be frozen.
 

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Silver Bullet member
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36,341 Posts
Date Rials per US Dollar
09/11/2007 9,317
05/18/2007 9,256
02/08/2007 9,232
09/18/2006 9,202
05/08/2006 9,188
02/04/2006 9,150
01/01/2006 9,096
12/11/2005 9,083
11/14/2005 9,071
10/24/2005 9,060
09/17/2005 9,026
08/22/2005 9,005
08/03/2005 9,000
06/03/2005 8,970
05/12/2005 8,913
04/30/2005 8,905
03/12/2005 8,870
01/04/2005 8,811
11/04/2004 8,778
08/03/2004 8,712
07/15/2004 8,674
06/26/2004 8,640
04/29/2004 8,565
03/26/2004 8,534
03/14/2004 8,460
03/05/2004 8,423
03/01/2004 8,395
02/24/2004 8,387
02/16/2004 8,370
01/26/2004 8,372
11/30/2003 8,360
10/14/2003 8,390
05/30/2003 8,180
04/22/2003 8,170
04/14/2003 8,160
03/15/2003 8,200
11/01/2001 8,050
11/24/2000 7,850
06/14/2000 8,350
12/27/1999 8,680
07/10/1999 9,430
03/19/1999 8,270
02/03/1999 7,730
12/14/1998 7,150
08/20/1997 5,200
05/10/1996 4,800
09/01/1995 4,250
06/30/1992 1,630
08/20/1984 945
03/15/1978 71.46
01/08/1976 71
06/12/1975 70

The Mullahs are expert economists.

$1.07
 

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Registered
Joined
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7,503 Posts
Date Rials per US Dollar
09/11/2007 9,317
05/18/2007 9,256
02/08/2007 9,232
09/18/2006 9,202
05/08/2006 9,188
02/04/2006 9,150
01/01/2006 9,096
12/11/2005 9,083
11/14/2005 9,071
10/24/2005 9,060
09/17/2005 9,026
08/22/2005 9,005
08/03/2005 9,000
06/03/2005 8,970
05/12/2005 8,913
04/30/2005 8,905
03/12/2005 8,870
01/04/2005 8,811
11/04/2004 8,778
08/03/2004 8,712
07/15/2004 8,674
06/26/2004 8,640
04/29/2004 8,565
03/26/2004 8,534
03/14/2004 8,460
03/05/2004 8,423
03/01/2004 8,395
02/24/2004 8,387
02/16/2004 8,370
01/26/2004 8,372
11/30/2003 8,360
10/14/2003 8,390
05/30/2003 8,180
04/22/2003 8,170
04/14/2003 8,160
03/15/2003 8,200
11/01/2001 8,050
11/24/2000 7,850
06/14/2000 8,350
12/27/1999 8,680
07/10/1999 9,430
03/19/1999 8,270
02/03/1999 7,730
12/14/1998 7,150
08/20/1997 5,200
05/10/1996 4,800
09/01/1995 4,250
06/30/1992 1,630
08/20/1984 945
03/15/1978 71.46
01/08/1976 71
06/12/1975 70

The Mullahs are expert economists.

$1.07
How about the Euro vs the Dollar. That isn't looking to rosy now a days.

Borrow and spend is bankrupting our country as is the war.

Hooray for the liberals in the administration!
 

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Silver Bullet member
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36,341 Posts
Bush admin deliberately cut the dollar to help exports which are now at a record rate. China keeps exporting stuff to us, hurting our balance of payments, because its pegged its currency to the dollar, artificially low.
The european central banks that control the Euro are deliberately keeping it high, supposedly to control inflation, with high interest rates and restrictive lending and hurting their economies. One little squeak of complaint came from the German Chancellor, Angela Merkel, last month and she was immediately put in her place by the president of the Deutsche Bundesbank who told her that interest rates were none of her business.
 
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