Augen on 26 July 2013
| darkknightkryta said:
Yes, but why hasn't the U.S. dollar depreciate to crap like it should have already? What's keeping it up? |
Part of it is that the US Dollar is the global currency. For example if you are China and buy oil from Saudi Arabia you do so with US Dollars. It is still considered a valued and honored form of currency world wide.
This is why the US does panic a bit when a rival like the Euro could be a competitive alternative in that regard.
