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Reload this Page How do you say Buy Buy dollar... as china signs up costumers...
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Old 07-06-2015, 02:11 AM
 
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Originally Posted by Kawena View Post
great post
Except that it's a pipe dream that will never happen.
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Old 07-06-2015, 02:13 AM
 
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Originally Posted by Kawena View Post
Whats going to happen to the dollar as world currency.. or are they going to??? I can see the stck market taking!!!
As long as the US Military absolutely guarantees that any country can buy or sell oil in $s. the role of the USD as the world reserve currency will not change.
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Old 07-06-2015, 02:35 AM
 
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Originally Posted by phma View Post
Special drawing rights.
Some have proposed the use of the International Monetary Fund's (IMF) special drawing rights (SDRs) as a reserve.

China has proposed using SDRs, calculated daily from a basket of U.S. dollar, euro, Japanese yen and British pounds, for international payments.

Well, good luck with that.
.
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