Commies go back to using their own phony currencies for bi-lateral trade. Screw ‘em – the laws of economics still apply.
Commies go back to using their own phony currencies for bi-lateral trade. Screw ‘em – the laws of economics still apply.
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Some argue not all the laws of economics apply to a country issuing the world’s “reserve currency.” If China, Russia and others manage to remove the U.S. dollar’s “exorbitant privilege,” we will feel the difference.
http://www.voxeu.org/index.php?q=node/4813