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Old 02-02-2004, 10:33 AM   #27 (permalink)
Bookman
Insane
 
Quote:
Originally posted by onetime2
"The dollars cost the US next to nothing to produce, so the fact that the world uses the currency in this way means that the US is importing vast quantities of goods and services virtually for free."

Possibly the dumbest statement I've ever heard in terms of monetary economics. If this were true, the solution to all economic woes would be "Print more money."
Actually you may be right because the US does not produce money..the Federal Reserve Bank makes it.
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