You are talking peanuts!!! Zimbabwe recently converted to dollar economy after issuing the largest denominated note in circulation history at a trillion. Where is your American exceptional ism?
A stronger dollar perhaps, during a period of persistent deflation for many more years to come. If the dollar is going to be worthless, then why would the Fed want to waste time and money issuing new dollar notes?
Next up - the 1,000 and 10,000!
ReplyDeleteYou are talking peanuts!!! Zimbabwe recently converted to dollar economy after issuing the largest denominated note in circulation history at a trillion. Where is your American exceptional ism?
DeleteThe guy that signs it revels its value?
ReplyDeleteA stronger dollar perhaps, during a period of persistent deflation for many more years to come.
ReplyDeleteIf the dollar is going to be worthless, then why would the Fed want to waste time and money issuing new dollar notes?