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ORIGINAL: mnottertail

Ya, I am feeling my wings today, and Mr. Richard Nixon took us off the gold standard.

For the longest time, after lingua franca, the only country of any hemispherical importance that had it.

But now, China, well mostly the Asians own that lot.  And they have been a kinder and gentler lot than we.

Ron

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I will mention this briefly, as it may apply for someone. Before the real invasion of Iraq Saddam was making noises about converting to the Euro. Then they find billions in US currency in Iraqi banks. Real cash !

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ORIGINAL: SusanofO

Wow, subfever, what an incredibly knowledeable post! I learned so much reading it. Thanks for that.

- Susan