All this will start to devalue the US dollar big time! The amount of US dollars that the US will have to pay to pay off their debt they have racked up over so many years will rise substantially. I am worried of the ramifications of this!
I would like to see a world currency in place. One of the reasons for the current finanical crisis and how it went from a US financial crisis to a global financial crisis is due to everyone using the US dollar as a currency standard!
