Are the Dollar's Global Currency Days Numbered? - Page 5 - Chinese Economy - Chinadaily Forum
Author: dragon8

Are the Dollar's Global Currency Days Numbered?   [Copy link] 中文

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Post time 2015-1-8 21:51:19 |Display all floors
This post was edited by mixamixa at 2015-1-8 21:52
TheHermit Post time: 2015-1-8 21:42
Absolute rubbish... the yuan is backed by real wealth and tangible products. Like the rouble is bac ...

USD, Ruble and Yuan are all FIAT money and backed by only the credibility of the central banks, not by any real asset.

Learn the basics before posting.

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Post time 2015-1-8 22:19:18 |Display all floors
mixamixa Post time: 2015-1-8 21:51
USD, Ruble and Yuan are all FIAT money and backed by only the credibility of the central banks, not ...

All currencies are Fiat currencies these days....... but some are more Fiat than others.....
The world needs more idiots like me, all the others think they are clever.

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Post time 2015-1-8 22:20:47 |Display all floors
dragon8 Post time: 2015-1-8 07:58
For the world outside the USA, the Petrodollar System is a form of exploitation.

Most of the world supports the USA and the West.

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Post time 2015-1-8 22:20:54 |Display all floors
TheHermit Post time: 2015-1-8 22:19
All currencies are Fiat currencies these days....... but some are more Fiat than others.....

Don't forget Bitcoin.

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Post time 2015-1-8 22:21:51 |Display all floors
dragon8 Post time: 2015-1-8 07:52
Do you think the USA is a good example of democracy and justice?

It's a paragon.

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Post time 2015-1-8 22:25:38 |Display all floors
mixamixa Post time: 2015-1-8 22:20
Don't forget Bitcoin.

A currency without a military to protect it?
The world needs more idiots like me, all the others think they are clever.

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Post time 2015-1-8 22:28:55 |Display all floors
TheHermit Post time: 2015-1-8 22:25
A currency without a military to protect it?

A currency that is in great demand..........


I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are weeks, sometimes months, in fact, when I don't make any bet at all because ...

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