The Liberator Magazine: China calls for global currency to replace …
Written by admin on March 25, 2009 – 4:07 pm -The latest blast from Beijing: a call by China’s top central banker to dump the U.S. dollar as the world’s most important currency . People’s Bank of China Governor Zhou Xiaochuan, in a paper released on the bank’s Web site on Mar. Continued here: The Liberator Magazine: China calls for global currency to replace … Read More →
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The Hill’s Blog Briefing Room » Global currency story gains steam
Written by admin on March 25, 2009 – 12:39 pm -Speaking at the Council on Foreign Relations today, Treasury Secretary Tim Geithner stated that he was “open” to a proposal by the governor of China’s central bank to replace the dollar with a new global currency : … See the original post: The Hill’s Blog Briefing Room » Global currency story gains steam Read More →
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Matthew Yglesias » Right-Wing Echo Chamber Fomenting Panic About …
Written by admin on March 25, 2009 – 12:13 pm -There’s a difference between the world no longer using the dollar as their reserve currency and a bunch of countries hacking together some form of Esperanto-buck as a new global currency . …. The only reason the euro got off the ground is that it had the backing of the Bundesbank, probably the third most powerful central bank in the world and Italy, Spain, Portugal and Greece wanted to get real currencies, not the variations on soiled toilet paper they were using before. View original here: Matthew Yglesias » Right-Wing Echo Chamber Fomenting Panic About … Read More →
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Norway Has World's Best Currency: Strategist - Economy * Europe …
Written by admin on March 25, 2009 – 8:27 am -The Norwegian kroner is “the best currency in the world ” and certainly preferable to the US dollar, UK pound and other currencies where governments are practicing quantitative easing, David Bloom, global head of foreign exchange at HSBC, … that aren’t (printing money ) that will do extremely well, like Norway, Australia and the euro (zone),” Bloom said. “If a country is printing more pieces of paper I can’t advise people to buy that currency , it’s not a hard currency . Original post: Norway Has World's Best Currency: Strategist - Economy * Europe … Read More →
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China urges IMF money reserve to replace dollar — Intellasia.Net
Written by admin on March 25, 2009 – 2:53 am -In a paper released Monday, Zhou Xiaochuan, governor of the People’s Bank of China, said a new currency reserve system controlled by the International Monetary Fund could prove more stable and economically viable. .. Here is the original: China urges IMF money reserve to replace dollar — Intellasia.Net Read More →
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