[Toddsterpatriot]

The banana republics can buy oil, French mushrooms, English cars, and Thai hookers with USDollars.

So, let me get this straight. They might take our dollars and never buy anything from us?

[XBob]

17-"So, let me get this straight. They might take our dollars and never buy anything from us?"

You mean you figured it out. Until the Euro, the US dollar was THE world currency, and can be used directly, anywhere in the world. In fact, most countries in the world post prices in major places in US dollars (hotels, cars, rentals, etc). In fact, several countries use US dollars as their own currencies.

There are Trillions of US dollars floating around the world which never reach our shores and never will.

Only gold is as easily fungible universally.