What do you get when you combine a stalled economy, rumors of massive mortgage corruption and global news of hard currency in trouble....??
Time to make some serious changes in this country.
The global “currency war” — as many are calling it — continues to heat up, with no obvious resolution in sight. While it wouldn’t be a simple, quick, or painless process to replace the US dollar as reserve currency, it seems inevitable that calls for just such action are bound to increase, especially if currently loose US monetary policy – including quantitative easing in particular — continues unabated.
You can read more details in Financial Times coverage of how a new world currency index has launched.
CF
Time to make some serious changes in this country.
The global “currency war” — as many are calling it — continues to heat up, with no obvious resolution in sight. While it wouldn’t be a simple, quick, or painless process to replace the US dollar as reserve currency, it seems inevitable that calls for just such action are bound to increase, especially if currently loose US monetary policy – including quantitative easing in particular — continues unabated.
You can read more details in Financial Times coverage of how a new world currency index has launched.
CF
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