Wednesday, November 24, 2010
Russia-and China-Ditch-US dollar!
Hold on America don't panic! This may be a blessing in disguise. These two currencies are not well supported by the rest of the world and they have been flaky at best with their value. By them not using the dollar, will mean the amount of US currency in use will be less and may cause a situation where we won't need to implement the quantitative easing as aggressively as the FED initially determined. It will be up to the Federal Reserve to play off of this move~!!!
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