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Another Nail in the Coffin of the U.S. Dollars Reserve Status

Started by Goaticus, May 30, 2012, 01:24:27 AM

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May 30, 2012, 01:24:27 AM
Japan and China trade directly without buying dollars as a currency intermediary. So much for the idea that the dollar can't lose reserve status. Something that inflation hawks claim can never happen.

http://www.japantoday.com/category/business/view/japan-and-china-to-start-direct-currency-trading-on-friday
May 30, 2012, 02:08:50 AM #1
I'm shocked I tell ya', shocked.
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537
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