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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (26419)2/14/2005 11:59:16 AM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
ultimate use of USD would be returning them back to US by buying something tangible in US.

but aren't there huge swaths of USD in circulation abroad? it seems they do not all have to make their way back to US soil to be of use, partly due to the global use of USD for commodities and also black market usage (perhaps shifting to the euro in many places).

Japan is welcome to come buy our real estate again. the RE bubble is certainly primed for them, and Rockefeller Center is probably ready to hit another all time high. -g-
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