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

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To: TH who wrote (101405)2/18/2009 6:29:23 PM
From: SGJ  Read Replies (2) of 110194
 
....no such thing as something for nothing.....At the very least all those who hold dollar reserves are automatically on the other side of the printing trade, and only confidence and the relative currency valuation game keeps the dollar afloat.

Wealth creation, real money, is not a static pool. In the US, its growing hugely every day. Even Obama knows this as this is how he thinks us taxpayers are going to to pay off all his paybacks and give aways.
This is the factor you are leaving out. This is why the dollar is the world's currency of last resort.
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