Between politics (driven by self rather than public servants), markets (driven by debt rather than profits) and currencies (diluted by over-creation rather than chaperoned by a real asset), it is fair to say we live in not interesting but surreal times.
But amidst the surreal, the dollar, as many believe, is our rock, our immortal albeit often unloved constant.
The USD: Too Big to Fail?
Whatever one thinks of the dollar, we can’t deny its centrifugal force, exorbitant privilege and entirely unequaled market power (from the current SWIFT and Eurodollar systems to the derivative and petrodollar markets). […]
— Read More: www.zerohedge.com
