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IPFS News Link • Federal Reserve

China Throws Weight Against Dollar as Reserve Currency

 China’s central bank renewed its call for a new global currency and said the International Monetary Fund should manage more of members’ foreign-exchange reserves, triggering a decline in the U.S. dollar.

1 Comments in Response to

Comment by Powell Gammill (13871)
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This is a huge story.  It has been in the making for many months.  And I can hardly blame the planet when the people who rule the USA have shown not only zero interest in getting US currency propped  back up, but are doing all they can to bring it down.  "Rocky shores ahoy.  Full speed ahead!"