tag:blogger.com,1999:blog-3758330678390419129.post7617608600687633135..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: WOW Swiss and Chinese Central Banks Cut Deal for Chinese Currency Clearing (A Serious Poke at the Dollar?)Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-68004156089795455392015-01-22T09:13:34.818-05:002015-01-22T09:13:34.818-05:00
The Chinese have made currency swaps with many co...<br />The Chinese have made currency swaps with many countries with cross-border trade in either the RMB or the local currency of their trading partner. Recently, they established a swap with the British Pound at about the same time as the CHF swap. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-185207466353637192015-01-22T02:29:46.161-05:002015-01-22T02:29:46.161-05:00The Chinese want the yuan to be what the dollar ha...The Chinese want the yuan to be what the dollar has been, the reserve currency of the world. It will be their undoing as the dollar will soon be ours.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-14034024048769689802015-01-21T19:20:42.655-05:002015-01-21T19:20:42.655-05:00The Chinese are going to try and pull off, with a ...The Chinese are going to try and pull off, with a "gold-backed" Yuan, what the United States did with the "as good as gold" FRN.<br /><br />Try your hardest to get out of all fiat / non-commodity currencies.Anonymousnoreply@blogger.com