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RE: Crash of Dollar is Imminent ~ Yale Economist Stephen Roach … (Death of the Dollar–31) with Link to Full Story
Well, most (if not every) countries print currency at will. It's sad but the fiat scheme isn't a democratic stuff
Yes, since Nixon ended the Bretton Woods system in 1971, all countries can print currencies at will. Even under that system, the US had "exorbitant privilege." To a great extent, it has retained that privilege.