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Re: None

Friday, 03/12/2010 1:51:38 AM

Friday, March 12, 2010 1:51:38 AM

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This is how it works Aero.

http://www.newyorkfed.org/aboutthefed/fedpoint/fed01.html

There is about $829 billion dollars of U.S. currency in circulation; the majority is held outside the United States.


Pay close attention to the held outside the US part, it's the same for the IQD. The majority is held outside the country by banks and large corporations and investment firms. That's common for currency.
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