I’m not supporting any country other than the USA, but I still see why other countries are bailing on our withering currency. Why would you expect anyone else to sink with us?
Yes there’s no surprise that an infinite supply of Baraqqi/Bernanke/Geithner minibucks might be a problem....
(to both due to similar content)
I’ve no disagreement on Australia doing it on those grounds, just that the US would react in some way. That’s why I was leading on to longer-term consequences - and that they can occur even with the least favorable conditions.