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Monday, November 22, 2010

World Insight on Dollar Dominance

The printing of more American money is likely to drive down the greenback's value. And there's global concern about the knock-on effects.

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1 comment:

Rightways said...

Today US's internal problem become world's problem as dollar is the reserve currency of the world.

However, Euro, GBP and Yen too have many problems, not possible to replace dollar.

China's Yuan or RMB? Yes, the only currency qualify economically as world reserve currency , but are not willingly to take over now. China must develop further, be prepared to shoulder the responsibility in future, say 3~10 years later!