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To: philv who wrote (1112)4/2/2003 9:55:22 AM
From: smolejv@gmx.net  Respond to of 1210
 
First of all, I'm not an economist, so all this comes from sort of a fence-sitting through the last few years of world economy.

Of course there's advantages to the reserve currency. But any currency is a fiat money, even when it's a reserve currency. Re zero-sum game, I guess I stand corrected, it's a win-win situation, (but where some can win big and some can win small or even lose). The situation is also slanted a little, because US control the printing - and Im not talking Fed -.