Posted on 03/20/2009 2:19:14 PM PDT by LoneStarC
“The Post American World”. Good Lord. Does anyone really still doubt what his intentions are?
That’s the first thing to make me really smile all day! Hurray for your mom!
http://www.freerepublic.com/focus/f-news/2213010/posts
China Calls For New Reserve Currency
FT.com ^ | 23 Mar 09 | Jamil Anderlini
Posted on Monday, March 23, 2009 6:17:35 PM by datura
China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.
In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies”.
(Excerpt) Read more at ft.com ...
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