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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (76764)12/27/2006 6:21:03 PM
From: KyrosL  Respond to of 110194
 
Well, since we can create as many US dollars as we want, they don't count as part of OUR reserves :-) Our reserves are basically foreign currencies and gold, and we don't bother holding much foreign currency, since everybody still accepts our dollars...