Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Why would China think a new currency would be safer than the dollar?
#9
Stable is as stable does. It's all a matter of agreement. If we create a new currency called the zlotney and we all agree it's of value, it becomes of value.

The reason the US dollar has held any value is that other currencies were perceived as weaker, that perception is changing and something will replace it.
Reply


Messages In This Thread
Re: Why would China think a new currency would be safer than the dollar? - by RgrF - 03-31-2009, 01:33 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)