Reply #17: This is the big picture, in a nutshell...This is the BIG money game.

[Crachet2004]

This is why we are'nt leaving Iraq. Our military (from there) can lash out at the other oil producers, should they begin accepting euros for their oil, instead of dollars. Saddam went to the Euro in Nov. of 2000, I think...which sealed his fate. And that is the game, as detailed in the post I am replying to. Everyone needs dollars for their forex accounts to buy oil...and EVERYONE has to buy oil.

The only thing I might add, is I wonder if much the same isn't true of Japan and some of the other US client nations-Taiwan, South Korea. They are major consumers of dollars, and if they only accept dollars in trade, then to buy Japanese say, if you are Brazil, you would need dollars, further fueling demand for dollars. Our current Sec. of Commerce (the weasel, Don Evans) said that China represented enormous potential for monetary expansion...or something to that effect. I think this is what he meant. And of course, we have an enormous stick, seven carriers, in China's face too. All the extra oil everyone is talking about China needing, is going to be paid for by China, in dollars, or China gets no oil...see?

An example of how having the Dollar for worldwide forex benefits the US: think of the enormous trade BETWEEN Japan, China and South Korea, exclusive of the US. What if it is all done in dollars? Those dollars are off the market, as far as the US is concerned, meaning we have printed free money. They have no inflationary impact in this country. If other nations dump dollars for Euros, what happens? Inflation, like now. Some nations ARE dumping.

The Dollar/Euro conflict is the real war going on right now, the one John Kerry will need to resolve upon becoming President.

No matter which party is in power in the US, they will do whatever is necessary to keep the dollar supreme. The alternative is an economic Apocalypse for this country, and much of the rest of the world.

Russia is the key.