To: Toddsterpatriot
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.
89 posted on
04/09/2004 8:47:26 PM PDT by
XBob
To: XBob; 1rudeboy; american spirit; ninenot
There are Trillions of US dollars floating around the world which never reach our shores and never will. So, we bought goods worth trillions and the stupid foreigners never come back to us to get paid? They just keep our pretty paper?
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