The Huffington Post > SEBASTIAN ABBOT | November 18, 2007 06:46 PM EST | AP > > RIYADH, Saudi Arabia — Iranian President Mahmoud Ahmadinejad said Sunday > that OPEC's members have expressed interest in converting their cash > reserves into a currency other than the depreciating U.S. dollar, which > he called a "worthless piece of paper."
of course, this is nothing but ignorance and/or hype. The dollar is falling in value (relative to other currencies) but still buys stuff. It will never be worthless until the US stops being the hegemonic power in the imperialist world system. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.
