Yo, Neutrino, you keep starting w/ me, and I beg to differ I'll never get laughed out of any class I am in.
So you are going to tell me China is a completely Free-market economy? Ok... what about the other future powerhouse... India, Oh yea, there's a huge Indian Domestic Market overshadowing the USDM and devaluating the dollar vs. their native currency... ah, none of this has happened yet. I meam, I'm not stupid, I read on items where it says... "made it China" yes, China has opened up, ever heard the sying "only Nixon could go to China". But, as I originally said, USDM is the BIGGEST market, and yes, this is a fact. People in the far reaches of China (not the more open east coast) do not have the luxury of malls and 7-11s down every block, not yet.
And the Dollar is today what the Pound-Sterling was a hundred years ago, the international currency... nations keep their reserves in dollars and conduct international exchanges w/ them. The Euro is an attempt to challenge this.