Spot on as usual. I believe everything has a value that depends on the number of people wanting it, like you put it demand and offer. Like when someone bought a painting for almost half a billion dollars or a yacht for a similar amount...! As for the dollar with all those countries signing bilateral agreements to trade inbetween with their own currencies bypassing the dollar, the dollar's demand is on the fall and this offhand comment as they prescribed it is just a guide to absorb the loss and show it as planned loss instead of market-driven.
Wonder how many tens of billions in assets those countries and big businesses who have dollars in their stock lost with an offhand comment?
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