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<p>[QUOTE=&quot;Cloudsweeper99, post: 1018762, member: 3011&quot;]The dollar is the currency of the US.&nbsp; It has value because of the social contract honored by the vast majority of people to accept it for wages and in trade.&nbsp; Other nations that want to buy good, services, farm products, or purchase assets in the US need dollars out of necessity. It would retain value even if it wasn&#039;t the world&#039;s reserve currency, although perhaps not as much [although this is theory].&nbsp; It isn&#039;t because of the military.&nbsp; Now there is no doubt that the actions of the Fed and US government have made dollars a less-than-best store of value, which means that wealth is best preserved by holding assets that are not denominated in a fixed number of dollars, like gold, common stocks, real estate or business assets.[/QUOTE]</p><p><br /></p>

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