China Wants the U.S. Dollar to Drop Dead
Seeking Alpha/October 28, 2008
China pounds the conference table hard for a new currency order. After a first commentary a month earlier, China now shoots straight against Federal Reserve Notes (FRNs), accusing the USA of plundering the world’s wealth with its own fiat currency. The attack does not stop there. Other, unspecified, currencies urgently need to replace FRNs as the world’s reserve currency.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment