geoduck
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Post at 1-11-2010 08:16  Profile P.M. 
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Reply #40 atomic3d's post

What choice does the US have at the moment?  They are broke! The US$ has established itself as the No.1 world currency and everything of any importance is quoted in US$; commodities,  metals, oil, precious gems, you name it! The US$ will continue to be the dominate currency in the world as what other choice is there?  A bit  unnerving if you're holding on to lots of dollars as it's not as stable as it used to be due to irresponsible fiscal policy. It's OK if you buy plenty of good assets (not assets based in the US) as a hedge against inflation. At this juncture in time, if you got no assets and just have a fistful of US$, good luck to you.
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