>>509058912
There is an estimated 100 trillion dollars in 'USD denominated' debt OUTSIDE of the US. For foreign trade, contracts, etc; Where the underlying terms are based on USD equivalent.
Saw this on "Heresy Financial."
Don't know what he means though...
It is used for a purchasing power reference in international contracts, but settling in other terms like local currencies...
Something about USD in international trade at all times highs, Gresham's law, and how the USD will unwind.
Maybe it means we cannot export inflation and it all comes home to roost, and based on Cantillon effects you should get into the boat where the money will go first like securitites or something.