Does this help us?

[Sevo]

Zimbabwe has dollarized their economy. With inflation totally out of control they have abandoned their own currency and have started using USD. A quick look at CIA facts shows a GDP of close to 2 billion. Does that mean that we can print a couple of Billion more dollars and simply have them soaked up by the Zimbabwe economy with no risk of inflation here in the US?

 

[Westernskies]

It's working in Ecuador.

 

[Notmuchlonger]

Zimbabwe has dollarized their economy. With inflation totally out of control they have abandoned their own currency and have started using USD. A quick look at CIA facts shows a GDP of close to 2 billion. Does that mean that we can print a couple of Billion more dollars and simply have them soaked up by the Zimbabwe economy with no risk of inflation here in the US?

Oh without a doubt!

 

[Westernskies]

Why just let them use our money? With a GDP of only a few billion $USD, we could just buy the entire country as another economic stimulus experiment. It would be just like the "cash for clunkers" program but instead of gas-guzzling cars, we end up with a cash-guzzling dictatorship...

 

[Notmuchlonger]

Why just let them use our money? With a GDP of only a few billion $USD, we could just buy the entire country as another economic stimulus experiment. It would be just like the "cash for clunkers" program but instead of gas-guzzling cars, we end up with a cash-guzzling dictatorship...

Whats a few billion amongst friends?

 

[NYEXPAT]

The FOMO has been giving GS(amongst others) 2-30 billion PER DAY for the last 5 months to manipulate the markets higher! $2 billion (of your money) is chump change for the current folks in charge!

 

[Lusitan]

Cash for Congo

 

[Westernskies]

Cash for Congo

Bucks for Botswana?

Greenbacks for Ghana?

 

[HFWR]

As of Dec 07...

How Currency Gets into Circulation - Fedpoints - Federal Reserve Bank of New York

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

A quick search yielded no currnet data, but it's probably out there somewhere...