Actually if the US follows through with its hyperinflation plans, they could be very well able to match China in price for exports. I think the PRC is starting to grasp the general flow of world events now, and it looks like they will be left wiping the egg off their faces with buckets of worthless dollar reserves.Originally Posted by jimmyfour
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china has dollar reserves for geo-political reqasons, its sensible to do things for geo-political reasons rather than economic ones when you have a strong economy, when your export markets collapse howevere you are then in bother
IS this the new world currency, according to the new world order?
Am I going down a silly route... again?
SDRs were started in 1969. They are not new, but they are a world currency, just as gold was.IS this the new world currency, according to the new world order?
Am I going down a silly route... again?
"Who will bailout the IMF after FF is finished with them?"
So that's what Bertie was using!
A poster of some consequence...
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