"I have had and still do have every confidence in Paul Nitze, a man whom I have known for decades, one of the wisest servants of the American nation but always willing and capable of taking into account the interests of their allies, whoever: the British, or the French or the Germans or others."

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If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here.

— Milton Friedman