The Dollar Ain’t Picture Perfect, But What’s Better?

pThis is a very interesting article – not necessarily 100% correct, but does point out that there’s more to money than just a “store of value”. The key to the dollar is it’s utility as a “medium of exchange”./p blockquote cite=”” [From a href=””citeThe Dollar Ain’t Picture Perfect, But What’s Better?/cite/a] at Seeking Alpha /blockquote pMore interesting than the article itself though are some of the comments, and this one is probably the most correct of all:/p blockquote I think one way to look at this is that the reserve currency will turn out to be whatever the Saudi Arabians are willing to accept as a payment for oil. /blockquote

Leave a Reply

Your email address will not be published. Required fields are marked *