Bernanke Ratchets Up Pressure On China Over Exchange Rate [View article]
saud ibn adbulaziz: in financial matters you vote with your dollars. So far, I don't see the world adopting the Euro (except Cuba), the Yen or any other currency (RMB) other than the dollar. Until they do, the US can print as many dollars as it wants, and the rest of the world must accept it, and like it. This is known as having a US deficit "without tears".
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saud ibn adbulaziz: in financial matters you vote with your dollars. So far, I don't see the world adopting the Euro (except Cuba), the Yen or any other currency (RMB) other than the dollar. Until they do, the US can print as many dollars as it wants, and the rest of the world must accept it, and like it. This is known as having a US deficit "without tears".
Dec 18 08:46 am
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All Comments by Ray Lopez »Bernanke Ratchets Up Pressure On China Over Exchange Rate [View article]