is the death of the u.s. dollar imminent, page-20

golds got its problems.
Paper/electronic money can realitively easily be expanded to ease deflation and rapidly contracted to ease inflation.
Paper/electronic money can be adjusted to hold it's "value"in goods and services by altering liquidity.
Gold doesn't have this liquidity, its "value" will always be changing. As a store of value it's not that useful hence not worth that much.
USD is it really the USD? so much of it is held outside the US does it really reflect the "value"of the US economy. The US has been able to borrow so much of it because a lot of it's value is represented by all the economies of the world. Every time the US prints some money they are borrowing a bit out of yours and my pocket. It's this diversity and spread of risk which is holding up the USD.
If the Chinease want the benefits and power of a strong currency they have to decrease the risk premium of the Yuan.
As the Hu case highlights by inclination they'd much rather be wackers.
Europe? Risk in being riskless?