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The American industry produces machinery and equipment for Europe. This reduces the sudden drop from war to peace production figures. |
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The U.S. Government buys the products and pays in US-$ from the Federal Budget. The American producers are happy. The costs for the the American tax payer are not extremly high - 32 $ for every American. |
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The goods are shipped to Europe. |
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The European governments sell the goods to European producers for credits in European currencies. The European producers are happy - they do not have to pay in US-$. |
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The European producers produce, sell their
products and can pay back the credits given to them in their own currencies.
On the long run, the European economy flourishes, the currencies become convertible und the credits given by the U.S. Government can be payed back. |
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