My gosh, when is this insanity going to end?
Soon, I've been hearing rumbles that folks in other countries are not all that happy about accepting dollars from Americans traveling abroad, no first hand knowledge but no surprises. I've also heard that the Treasury has to offer T-bills backed by real estate to attract the interest of any buyers. In other words no one wants to buy our deft, or hold our debt (dollars). So the end is near and the end will be UGLY. Check out some of the recent threads on Greece for a preview. I advice stocking up now while your dollars will still buy stuff. For a thought experiment, imagine what happens should OPEC not accept dollars for their oil.