Discussion to stop use of US $1, $2 and $5 notes
- lostjeremy
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Discussion to stop use of US $1, $2 and $5 notes
National bank met with bank CEOs today to discuss the discontinuation of issuing and using US currency $1, $2 and $5 notes. No outcome announced yet.
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- John Bingham
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Re: Discussion to stop use if US $1, $2 and $5 notes
Stopping the use of $2 notes is going to have a huge effect.
Silence, exile, and cunning.
- phuketrichard
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Re: Discussion to stop use if US $1, $2 and $5 notes
very stupid idea UNLESS their trying to get people off the $ to the riel
buy something for $2 and give them a $10 and u get back 32,000 +- reil
buy something for $2 and give them a $10 and u get back 32,000 +- reil
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Re: Discussion to stop use if US $1, $2 and $5 notes
maybe we will be using 10 and 50 Yuan notes instead by next year
- Bitte_Kein_Lexus
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Re: Discussion to stop use if US $1, $2 and $5 notes
They've been fairly actively trying to do that for years...phuketrichard wrote:very stupid idea UNLESS their trying to get people off the $ to the riel
buy something for $2 and give them a $10 and u get back 32,000 +- reil
Ex Bitteeinbit/LexusSchmexus
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Re: Discussion to stop use if US $1, $2 and $5 notes
a bit of pathetic jingoism going on, some more faux national pride, use the riel not the dollar! they will never wean themselves off the dollar, it is too important to their economy, not to mention how their bank accounts are stuffed with them. Imagine a Cambodia full of riel without the luxury of pegging itself to the dollar, the whole country would collapse, unless the move is indeed to go to the yuan.
Re: Discussion to stop use if US $1, $2 and $5 notes
Johnny Chinaman will exchange their currency for all USD quite happily.
Re: Discussion to stop use if US $1, $2 and $5 notes
https://www.google.com/search?q=us+bond ... e&ie=UTF-8
China has steadily accumulated U.S. Treasury securities over the last few decades. As of December 2019, the Asian nation owns $1.07 trillion, or about 5%, of the $23 trillion U.S. national debt, which is more than any other foreign country.
dont johnny chinaman own a very sizable percentage of us bonds?
https://foreignpolicy.com/2020/05/14/ch ... ecoupling/
Re: Discussion to stop use if US $1, $2 and $5 notes
Already people at the local market refusing to take $5 notes because of this, how stupid
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