Monday, December 12, 2011

How do I start a new currency to compete with the US Dollar?

I can create a new currency that nobody can replicate except for me. I will use my blood as the print, and then only ink matching my DNA will be authentic.





How do I go about starting the new currency? How can the exchange rate between my new currency and the dollar be determined?





What is the best way to get financial institutions to borrow my new currency from me instead of borrowing US Dollars?





Then I will print some of my own currency and give it to poor people.|||You don't need to do anything. You can go ahead and make your currency and distribute it. If people are willing to exchange dollars for it, it will take off.|||That's a hellofa question Eric, but the real question you should be asking is what if c-a-t really spells dog! P.S. Where do you get your weed from? It sounds like it's good sh*t?

Report Abuse


|||First you'll need an IRS to harrass resistors with rigged court trials and jail time, and an FBI to kick down the doors of anybody who tries to use any other money . . .





You'll need a good supply of Jack Boots . . . try Wal Mart, they're not as good as docs, but the Chinese already accept fiat dollars, so they'll probably accept your new money.|||The Constitution gives Congress exclusive power to "coin money and regulate the value thereof". But Congress gave that power to the bankers, aka Federal Reserve.





But what are you going to do about Article 1 Section 10 of the U.S. Constitution which says "No State shall make anything but gold and silver coin a tender in payment of debt"?





But they take Fed notes, so maybe they'll take yours.|||eric, you are one of the dumbest people i have ever come across|||get yourself a press and start printing!|||First you have to create a new country. Since there is no unclaimed, that means conquering some other country. Then you have to have resource to back your currency. Printing currency guarantees the value will quickly go to zero. You word or your is worthless to back a currency or anything else.|||You can go ahead and start a new currency but with your own bllod as ink don't thing it will have much value.|||I think the gov would not like that much and stop you quickly. Plus you could never print enough money cuz you can only generate so much blood in a period of time. and then when you die its worthless so why would anyone want it?|||You won't be able to print much of it with the paltry five liters of blood in your body.


However, if you want to print just enough for a dozen people you take a retired offshore oil rig in international waters and you claim it as a new country and you as president for life. I seem to remember trying something like that a few years back.|||Only the feds can print currency. You can barter with your blood-money, but nobody would be required to accept it.|||you need help. go to a psychiatrist.|||Research the Liberty Dollar.|||call it the Amero|||In my opinion, you would first have to buy a country you could call your own, then you could coin your own money.

No comments:

Post a Comment