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06/17/2011

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bob

How does this relate to the problem Spain suffered when all that Inca gold flooded into Spain in the 16th and 17th centuries. Isn't there a risk trillions of US dollars all coming home to roost might cause similar problems?

David

Good question. It was a huge period of riches for Spain & it's empire (and inflation). The great thing about the US$ is you don't get those pesky British pirates stealing it all - as a $ never leaves it's own shores. So maybe better than gold!

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