is the fact that we issue the world's reserve currency. People in other places have to work hard producing real goods and services in order to be able to buy stuff from other countries. In the USA, our Federal Reserve spends a few pennies printing up new bills, and people all around the world give us the wealth of their nations in exchange for Ben's Buttwipe, er, "dollars." We've got the whole WORLD buying our bonds to pay for our Social Security, Medicare and war industry. How cool is that?!?
Recommended reading: The Most Dangerous Superstition, http://www.amazon.com/Most-Dangerous-Superstition-Larken-Ros...
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