It's the beginning of the end yes but Yuan does not have nearly enough notes in circulation yet and printing as many would run the economy. It will take some time but these types of movements signal the next phase.
Hmmm that's not too bad. I never checked but lived in impression it's something below 1%. I mean, I'm trying to figure how much Russians and Chinese would have to have to mess with dollar. They are not far tho. I think they are no1. and no2. in gold reserves. That would alow them to have extra notes.
Yes they could be self sustaining. Could they replace the petro dollar? Not yet though over time they could achieve this using a commodities, labor, yuan triangle trade
It's the beginning of the end yes but Yuan does not have nearly enough notes in circulation yet and printing as many would run the economy. It will take some time but these types of movements signal the next phase.
How many notes usd has, compared to the debt, I mean %.
I think 1.6-1.8? Is out there have to check.
Hmmm that's not too bad. I never checked but lived in impression it's something below 1%. I mean, I'm trying to figure how much Russians and Chinese would have to have to mess with dollar. They are not far tho. I think they are no1. and no2. in gold reserves. That would alow them to have extra notes.
Yes they could be self sustaining. Could they replace the petro dollar? Not yet though over time they could achieve this using a commodities, labor, yuan triangle trade