>The demand for USD being too great is not because the American economy is strong, but rather because there is $12 Trillion in dollar denominated debt owed by the rest of the world.
Why does the rest of the world deal in dollars, and not Yuan or Rubles? Hint: not because the US is a weak, unstable economy.
Why does the rest of the world deal in dollars, and not Yuan or Rubles? Hint: not because the US is a weak, unstable economy.