American Dollar

The American Dollar Edges Closer To Losing Reserve Status

What happens when the largest economies in the world stop using the dollar as an intermediary currency and start trading with a basket of currencies or with each other directly?  Get ready; it appears to be approaching fast according to Bloomberg.  If you thought September 2008 was a rough ride, you have not seen anything yet.  Hey, has anybody called Obama on the links and asked him if he knows what The Federal Reserve Mafia is doing about this? Yuan Trading Against Russian Ruble Said to Start Within Weeks in Shanghai China and Russia plan to start trading in each…
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