[Toddsterpatriot]

Alternatively, were those dollars deposited in foreign bank accounts, Americans would be required to pay interest on balances that previously earned nothing.

Riddle me this, Batman, if foreign drug dealers suddenly put $1 billion in the bank, what American is required to pay interest on that money?

The fact that criminals increasingly prefer euros to dollars speaks volumes.

Yes, that it's easier to carry a bill worth $630 dollars than 6 bills worth $600.

[GodGunsGuts]

I'm glad you asked, Robin. I will answer your question with another question. What do you suppose would happen if the banks were suddenly flooded and required to pay interest on billions upon billions of US dollars that had previously been kept out of circulation?

[the invisib1e hand]

call me the Green Hornet.

I wonder out loud if this phenomenon of The Big Mattress might explain the "condundrum" of low interest rates and low inflation (lots of money out there, but not out there driving up prices)?