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But in times of stress, the appeal of a dollar asset is that it always holds its value against a dollar debt.
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On Monday they agreed a $1.6 billion dollar asset swap deal to take them closer to that aim.
The conspirators "designed a real estate transaction wherein they would falsely inflate and convert an approximate $65 million real estate transaction in Antigua into a purported $3.2 billion dollar asset," according to the agreement.
"Should this pattern continue, the central bank will be confronted with the choice of an overheated economy, with its potential recessionary consequences, or a curtailing of dollar asset purchases," Mr. Greenspan said.
In April GlaxoSmithKline, Britain's largest drugmaker, announced a multi-billion dollar asset swap with Swiss rival Novartis.
I have a billion- dollar asset.
The Fed's irrationally exuberant ease is clearly showing up around the world in a very weak dollar, asset bubbles in the likes of Asian property and rising commodity prices that include $80 oil despite weak global energy demand.
Robert K. Kraft, the owner of the New England Patriots, viewed the network not only as a way to build a billion-dollar asset, but also as a defensive measure to keep any broadcast or cable networks from "squeezing us out".
As Mr. Lochbaum put it, "In roughly two hours, conditions at the plant rendered it from a billion-dollar asset to a multibillion-dollar liability.
With the devaluation of the dollar, asset prices will re-inflate.
The Kennedys knew she was a billion-dollar asset.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com