GOLD 0.51% $1,391.7 gold futures

"Those trillions of dollars "printed" out of nowhere and sent...

  1. 5,236 Posts.
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    "Those trillions of dollars "printed" out of nowhere and sent around the world aren't going to magically disappear. They're ultimately heading back to the US to create hyperinflation."

    Another zombie idea. Not matter how many times you kill it, it always resurfaces some time later.
    The only dollars out of the US are those in the form of paper notes bearing the faces of dead presidents. All electronic dollars are and always will be inside the US banking system, some in the hands of US residents and others in the hands of foreigners, including foreign banks. You can open in Sydney a USD denominated account with several banks. These banks in their turn will have USDs in one or more accounts with US institutions.`
 
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