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 First big shift of international monetary policy
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Market Harmony
1000+ Penny Miser Member


USA
1274 Posts

Posted - 06/16/2009 :  09:37:31  Show Profile Send Market Harmony a Private Message
Thanks to the many posters in this section of realcent that have been keeping us all up to date on the current domestic and international monetary policies made by the world leaders. A general conclusion that can made from all of this information is that there is goin to be some major shifts in our money and how the world does business in the future. Exactly how this will all pan out is not really a fixed concept, but more of a fluid thing.

I do not normally post articles because I read so much and posting them all would keep me away from reading But, I thought that this article that I read this morning was pretty important. It seems that a major step away from the US Dollar as reserve currency is happening today. Asian countries, especially China and Russia, are making a bold move here:

Russia, China seek greater international clout
Russia pushes for new reserve currencies at international summits, China offers loans



goto the new and improved realcent: http://realcent.org

Market Harmony
1000+ Penny Miser Member



USA
1274 Posts

Posted - 06/16/2009 :  11:38:47  Show Profile Send Market Harmony a Private Message
quote:
Originally posted by Market Harmony

Thanks to the many posters in this section of realcent that have been keeping us all up to date on the current domestic and international monetary policies made by the world leaders. A general conclusion that can made from all of this information is that there is goin to be some major shifts in our money and how the world does business in the future. Exactly how this will all pan out is not really a fixed concept, but more of a fluid thing.

I do not normally post articles because I read so much and posting them all would keep me away from reading But, I thought that this article that I read this morning was pretty important. It seems that a major step away from the US Dollar as reserve currency is happening today. Asian countries, especially China and Russia, are making a bold move here:

Russia, China seek greater international clout
Russia pushes for new reserve currencies at international summits, China offers loans



holy smokes! The article that I read this morning through this link was much different than when I just re-read it now. The spin doctors are at work. And no, I'm not a huge conspiracy buff, but I know what I read, and this new article isn't it. The article that I read this morning was not so soft.

goto the new and improved realcent: http://realcent.org
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