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IPFS News Link • China

China alarmed by US money printing

• Daily Telegraph
The US Federal Reserve's policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy. [ouch!]
 

1 Comments in Response to

Comment by Powell Gammill
Entered on:

Rawstory has blog on the same article but adds some additional info links:

http://rawstory.com/08/news/2009/09/07/china-objects-to-dollars-growing-liquidity/

 



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