> Seems to me that dollar dominance is the monetary reflection of U.S. > political power. Certainly things can happen in the financial realm > that influence the "real," but if the dollar slips from its dominant > role, it's because of growing U.S. indebtedness and weakening > political/cutlural power.
> Doug > -------------------- > amen, brother! the status of the dollar is the symptom much more than it's a > cause. > JD This is IMHO the heart of the issue: is the dollar the symptom of US economic supremacy, or is the US converting military power into economic benefits by forcing everyone in the world to sign up to the ponzi scheme called 'the dollar'? Hans.
