Okay, so we're running a huge national debt, financed largely by borrowing from other countries. As I understand it, the value of dollars on international markets drops as more of them are held out there in reserve; in other words, the more we borrow, the less our dollars are worth. This is part of what's keeping the price of oil high despite worldwide recession, since it's priced in a declining currency. (There's also 'peak oil' and rapid industrialization in China, but the declining currency factor plays a role.)
Al Ain, United Arab Emirates
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