Just a contribution to the old debate: That’s how China’s ambassador the U.K. described central bank governor Zhou Xiaochuan’s recent comments in favor of an international reserve currency to replace the U.S. dollar. ...full story at China Journal
from China Journal on Mon, Mar 30 2009
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Why dollar is going down oil is going up? »
YouTube video Although the price of commodities are going up because of less valuable US dollar and Wall Street speculation aided by the Federal Reserve, we have to shift the blame somewhere else. Let's talk about India and China. |
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