Kasz216 on 07 August 2011
| Final-Fan said: I'm no economist but I expect they are just trash talking. |
Mostly trash talking. I mean, the whole "Replace the Dollar" has been the talk of countries for at LEAST a decade. I started reading about it during Bush, but I'm pretty sure talk was going on under Clinton too.
The problem is, there really isn't any better thing to tie it to, no currency is as good, and making up an international currency would be disasterous.
It's just more trash talk intended for the ears of the third world resource markets China is buying into to support themselves.
