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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (2237)	6/9/2003 3:13:15 PM
From: ild	Read Replies (1) \| Respond to of 4905

<<<The US dollar can pretty much be spent anywhere in the world. Show me how this is not true.>>> Yes it can, but it just moves to the next party. Unless it stays in some country for good it has to come back to US to be exchanged for goods or assets. Am I wrong? In the last 20 years lots of countries were dollarized (good example -- Russia where ALL people's savings were kept in mattresses in USD) causing mountains of dollars to find new permanent home. Now this has started working in reverse.