From the category archives:

currencies

Zhou Xiaochuan’s Proposal for New Global Reserve Currency is Accepted by the UN

March 29, 2009 · 0 comments

in China , US dollar , currencies , dividends , world order

BREAKING NEWS: Less than a week after it was rejected in Europe, Chinese Central Bank governor Zhou Xiaochuan’s controversial proposal for a new global reserve currency has apparently been accepted by the UN.
According to the Sunday Telegraph on March 29, 2009, “A United Nations panel of economists has proposed a new global currency reserve that [...]

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U.S. Hyperinflation A Real Risk - China Proposes Alternative Reserve Currency

March 29, 2009 · 2 comments

in China , G20 , US dollar , currencies , hyperinflation

Can hyperinflation happen in the U.S.? You bet it can!  Will it happen?  Depends on what else goes on behind closed doors at the upcoming G20 meeting in London on April 2.
An increasing number of media institutions are reporting on the explicit possibility of hyperinflation in the USA: MSNBC; Global Research; ShadowStats; Economic Populist; Democratic [...]

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China Asks For IMF-led Global Currency - Zhou Xiaochuan Calls For Currency Reserve Alternative

March 25, 2009 · 3 comments

in China , US dollar , currencies , international economy

Here it is, folks.  China’s Central Bank officially asking to bump the greenback from the world currency reserve. Yes.  It’s for real.  So far the EU has rejected the call.  But the communique was written, in an unprecedented move, in both Chinese and English so the world community could understand it (or at least, [...]

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How To Protect Your Wealth From Hyperinflation

March 24, 2009 · 6 comments

in US dollar , currencies , financial education , gold , hyperinflation , inflation , savings , wealth protection

Some people think it’s crazy to worry about hyperinflation.  But in reality, we don’t have to see a repeat of Argentina or Germany to experience the results of hyperinflation.  If most global currencies inflate along with the US, the hyperinflation could easily be disguised.  We’re still in a good bear market rally as of June [...]

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Dollarize The Loonie? I Don’t Think So

January 14, 2009 · 3 comments

in Canadian dollar , US dollar , currencies

James W. Dean argues in today’s Financial Post (article here) that the Canadian dollar should be merged with the Greenback.  Are you kidding me?  That would be like handcuffing someone in a life preserver to a sinking boat. Moreover, Dean has long been an advocate of keeping the loonie separate.  His lengthy three-page article [...]

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