Quote:
Originally Posted by jyl
But so far, most investors would apparently rather hold USD than their own national currencies. And, judging by yields, most investors would rather hold US T-bills and T-bonds than other government debt.
|
But how much of that move to dollars is based upon people reacting to the dollar's
history as a safe-haven during financial turmoil, rather than any in depth understanding by foreigners about the nature of
this financial collapse?