Now that iTulip is officially defunct, I thought I'd resurrect MEGA's (Malcolm) thread over there and transplant it here. Apologies in advance to @Patrick.
This may be either the end game of the Triffin Dilemma or a prelude to a new variation of fiat dollars akin to the invention of the Petrodollar in the 1970-80's.
The dollar is becoming almost an article of faith, just like Nuclear Fusion. So near, and yet so far . . .
patrick.net
An Antidote to Corporate Media
1,352,239 comments by 15,727 users - FreeAmericanDOP, goofus online now