Wednesday, May 23, 2018

Forbes: Why China's Yuan Is No Imminent Threat To The Dollar

By SIMON CONSTABLE

Some bad ideas just won't die. It seems to matter not that many are silly beyond logic.
When it comes to money matters, a big one stands out as ridiculous. That is the recurrent meme that China will somehow imminently oust the U.S. dollar from its role as by far the world's most important currency.
The problem is that the trope doesn't reflect the reality of the world in which we are living. Read more here.

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