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To: Lucretius who wrote (77834)12/3/1999 12:33:00 AM
From: BGR  Read Replies (1) | Respond to of 86076
 
Luc,

The dollar has replaced gold as the reserve currency for several Central Banks and private citizens around the globe. Ignoring that reality won't make it go away. Of course, like the gold standard it is a house of cards, but then the gold standard worked for centuries nevertheless.

And then, of course, USA has a more prudent Central Bank than that of the EU.

-BGR.