Yuan Moves Toward Becoming A World Currency

The dollar and Euro are moving in the other direction:

He (Matthew Bishop, U.S. Editor of The Economist) says that he has become an agnostic or an atheist with regard to his belief in government-backed money as he fears that governments are in a position whereby they are going to debase currencies such as the “paper dollar and “paper euro” “in a big way.” Gold becomes one of the “alternative religions” in that environment.


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