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

To: Broken_Clock who wrote (78118)	1/25/2007 1:05:33 PM
From: GraceZ	Read Replies (1) \| Respond to of 110194

That reminds of a question someone asked me years ago about why Mexico didn't have cheap offset printing facilities considering there was so much talk about their cheap labor force stealing American jobs at the time. I said printing comes down to trees and water. Believe it or not currency is a big export for the US. In fact most of the increase in the monetary aggregates can be accounted for by a rise in the amount of currency yet with the wide acceptance and use of electronic forms of money Americans hold less currency than ever. The only explanation is that dollar bills are exported to other countries.