09.05.2012 - Why China isn’t going to dump the dollar

With Treasury Secretary Tim Geithner in Beijing last week kowtowing to the largest foreign owner of our national debt, the prospect of the dollar’s demise as a reserve currency has once again reared its ugly head. Will people pleeease stop incessantly nattering about the possibility of China dropping the dollar as a reserve currency? What else are they going to use? Monopoly money? Taiwanese dollars? Collectable postage stamps?..............................................Full Article: Source

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