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

Title: Another Nail in the Coffin of the U.S. Dollars Reserve Status
Post by: Goaticus on 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 (http://www.japantoday.com/category/business/view/japan-and-china-to-start-direct-currency-trading-on-friday)

Title: Re: Another Nail in the Coffin of the U.S. Dollars Reserve Status
Post by: Travis Retriever on May 30, 2012, 02:08:50 AM

I'm shocked I tell ya', shocked.

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General Bogosity => General Discussion => Topic started by: Goaticus on May 30, 2012, 01:24:27 AM