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General Discussion / Re: Failure to peg currencies to USD?
« on: September 03, 2014, 05:56:56 pm »American's "Hoarding" money: http://www.cnbc.com/id/101963821
This seems like a clueless report to me. Certainly there are a lot more people (and most importantly, governments like China and large international companies) hoarding USD more than just Americans.
China and friends are doing the opposite of hoarding.
They are all rapidly signing agreements that bypass the dollar and buying gold too.
http://m.youtube.com/watch?v=OgNb83Y0CoY
Yep, and of course there is the BRICS Bank.
http://in.reuters.com/article/2014/07/15/brics-summit-bank-idINKBN0FK08620140715