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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (1132)9/27/2018 7:07:14 PM
From: marcos3 Recommendations

Recommended By
elmatador
ggersh
GPS Info

  Read Replies (4) | Respond to of 13881
 
en.wikipedia.org - 'costs only a few cents for the Bureau of Engraving and Printing to produce a $100 bill, but other countries had to pony up $100 of actual goods in order to obtain one'

en.wikipedia.org - country with global reserve currency must print extra to supply reserves for others to hold, leading to 'trade deficit' ... difficult to reconcile domestic monetary policy with demand of other countries for reserves

en.wikipedia.org - Keynes' clearing-house concept, that got steamrollered by the US at Bretton Woods