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It wasn't about flooding the market, it was about pricing in Euros, thus taking aim at the dollar as the sole reserve currency. (Among other things.)

Example: http://www.time.com/time/magazine/article/0,9171,998512,00.h...



(I'd just posted a related item on this)

For values of "for other things" of creating a massive flood of dollars on the world financial markets, undercutting its value, and precipitating a financial crisis the likes of which the US still hasn't seen.




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