thats the truest answer of them all... you can thank Nixon for removing the gold standard, i believe was in 1971... now the value of the dollar is all psychological
the dollar is respected for a couple reasons..
1) america being viewed as the strongest country , politically and militarily
2) america is the worlds manufacturer of goods
OH WAIT>>>>>> neither of those reasons exist anymore
only reason the dollar hasnt collapsed 100% yet is that the world trades oil for dollars (most of it does at least, except Iran and Russia I believe at this time)
should the entire OPEC group start sellling oil for euros you will have to start carrying a bagfull of dollars to the store to pick up roll of toilet paper
all fiat monies are doomed
BUY GOLD
