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Strategies & Market Trends : The coming US dollar crisis
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To: stan_hughes who wrote (1115)9/26/2007 4:11:11 PM
From: dybdahl  Read Replies (1) of 71454
 
Thanks a lot - your explanation is more or less the same logic that I had before I heard this other guy explain.

However, the world economy is fuelled by US$, which is also the currency of USA, and the world economy is much greater than just the size of the U.S. economy. With the Yuan pegged to US$, the entire China is run on the U.S. currency.

As far as I see it, this guy basically said, that the rules, that apply to small countries, don't necessarily apply in the same way to USA, because of the way the currency is used.
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