Views: 6762|Replies: 0

Name: Ramon Reyes Email:rreyes@msita.com [Copy link] 中文

anonymoustext  Post time 2008-11-26 15:55:35
Government must use foreign exchange reserves to slowly stockpile commoditites like oil, iron, etc. while prices are cheap instead of keeping them mostly in US dollars.   The commodity stockpile will keep a tangible value when the dollar crashes and when the economy recovers, prices will rise and the government profits.   Further, the stockpile will prevent rapid rise of prices.

Use magic tools

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.