"Our own U.S. currency is quickly turning into a junk bond currency. France is considering not recognizing our U.S. dollar as a recognized currency. And also saw a report from the agency that ranks our currency for bond rating because our debt to GDP ratio is increasing so much. ..."Uh, come again? It isn't uncommon for members of the Idaho Legislature to have an obsession with currency, but seriously, she believes that France isn't going to recognize the dollar period? Here's the truth of the matter: France has recently made public their proposal to move the global financial system from from a dollar-based system to one based on several international currencies. France isn't saying that the dollar is worthless and that the dollar no longer exists as France sees it. France has been contending for some time that the global financial system should not be wholly reliant on the value of the dollar (not a bad idea given the economic crash we are recovering from, a crash that threatened the entire world economy). It has nothing to do with the dollar ceasing to exist.
If only I could find something useful to say about McGeachin's comment about the "carrot dangling in our face."