here is an interesting twist to the whole bubble theory... doesn't america hold (own) half the world's gold reserves? So if the price goes up as a result of their currency falling why wouldn't they sell some of the gold? This would help to fund their debts and wars??
thoughts anyone... is this a possibility?
secondly, a devaluing US currency must mean other currencies have to develue eventually if there is not another reserve currency (watch out for the asian bloc creating an asian "euro")
