Will America go to a two tier economy?

Question

What I mean is a dollar for domestic use, and a separate dollar used by the government with our trading partners. In the latter case, a stronger dollar, backed by silver or gold.

Answer 1

That could be a remote possibility, far down the road. Some countries have actually done this to try to inflate their local economies while still getting money to borrow from abroad to finance the deficits.

But I seriously anyone would consider this for the US. It is so outside of the way we do things. We rarely make institutional changes - our government is too locked into political infighting that institutional and structural changes like that hardly ever take place. And this is especially true of late, ever since the media has gone haywire so the people no longer know what is going on at all.

Answer 2

I sincerely doubt it. Government does next to no business abroad; the only exception is on-the-ground procurement for embassies and military installations. Almost entire U.S. international trade is a private-sector affair, from Boeing selling airplanes to Wal-Mart buying sneakers.