we can talk about economics,about Keynesianism and Austrian theory  and Monetary Realism and which theory is correct and how debt levels are unsustainable etc etc but are we missing the point ?

here is an interesting comment from HCP at Daneric's....reader feedback welcome

"HelicopterCoPilot

Reserve currencies are built on military conquest... The resulting assymetric consumption of commodities by the "host", is a sympton, not an underlying cause. Dollar will be reserve currency, as long as America's military dominates the distribution of global oil supply.. To pretend, that Saudia Arabia or any other major oil exporting nation (ex. Russia) has any degree of "self-determination", is delusional thinking......
Qe is not the reason people (fascist & dictatorial states, individuals are irrelevent)are embracing the Dollar as reserve currency. They are embracing it because of increasing coercion, that supports the Dollar, despite QE...."


and this is interesting ,from Mish

 http://globaleconomicanalysis.blogspot.co.uk/2013/09/reflections-on-conspiracy-theories.html


so what is the endgame ??