Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 04/01/2013 7:55:25 PM PDT by Lorianne
[ Post Reply | Private Reply | View Replies ]


To: Lorianne

Someone please remind me how many times the Chinese currency became worthless in the last century?

Yes, I know. It is different this time. The communists would never allow this to happen again.


2 posted on 04/01/2013 7:57:30 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne
China and Brazil sign $30bn currency swap agreement
26 March 2013

"China and Brazil have signed a currency swap deal, designed to safeguard against future global financial crises."
http://www.bbc.co.uk/news/business-21949615

3 posted on 04/01/2013 8:04:48 PM PDT by haffast (Books serve to show a man that those original thoughts of his aren't very new at all. -Abe Lincoln)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne
We have had a huge benefit from being the world's reserve currency for the past nearly 70 years because we have been less susceptible to variable currency values. Barack Obama and Ben Bernanke are destroying that by spending and printing.
5 posted on 04/01/2013 8:16:25 PM PDT by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: blam

A second Ping for your thoughts.


6 posted on 04/01/2013 8:18:02 PM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne

When we lose reserve currency status we won’t be able to print money to pay our bills.

Haiti can’t print money to get out of dept because they don’t have access to other people’s money. We do. For now.

That’s ending - and when it does we’ll have to pay for our own foolishness...


8 posted on 04/01/2013 8:56:07 PM PDT by GOPJ (DHS HAS secured: 1.6 BILLION bullets - 2.700 tanks and 35,000 drones ...to use on American soil...)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson