As in my post I didn't say that the yen would become a world standard only a major player in world finance.
Would a stronger dollar hurt the U.S.?The Asian coutries have more and more coming into the U.S.,while America has less going out.

Ahem... Yen = Japan's currency.
I guess Caltex meant Yuhan, aka RMB as China's currency?

Oh yeah, my bad. I always get those two mixed up.

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No prob.
Actually I misspelled: it's Yuan!

Nothing. The Canadian dollar will not become the World standard, Canada's not wealthy enough.

The Euro will.

Exactly, the U.S dollar is very low, and the Euro growing very fast, it has a better rate then the U.S dollar right now, and the EU industry is getting back into shape, the Euro will probably be the next world standard currency.

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The Way Of The Intercepting Fist

Yes, i believe you , i think you are the best.

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I like age of conan gold and age of conan powerleveling

The american dollar will always be the world valuta!

Why use candians dollars? because of there big oil reserves?

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largest financial fraud in human history...

Federal Reserve Endorses Bear Stearns Bailout Plan

Im still in shock

you are wrong. the euro are worth much more then US dollar. Iran already use this.

If you are speaking of the Petrodollar, it will become the Petroeuro. That transition is already happening.

The US dollar was chosen immediately after WWII because it was the only stable currency in which to trade valuable energy products. Since the American dollar has not been the only stable currency for several decades, America has had the value of its dollar being used by the petroleum trade out of tradition.

Now that the American dollar is showing signs of instability, with worse prospects for the future, most countries are eyeing the Euro. Unless China decides that it is in their interest to stop undervaluing the Chinese renminbi yuan, the Euro seems slated to become the US dollar’s successor as official petro-currency

Canada’s only influence in the petroleum trade is as a small producer. If neither the Iranian rial nor the Venezuelan bolivar have become a petro-currency, the Canadian dollar will not, either.

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"Mankind has developed the seemingly limitless capacity for the constant reiteration of the commonplace." -- John Kenneth Gailbraith