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France

The End of Influence: What Happens When Other Countries Have the Money

January 25, 2010 · 5 comments

in Asia, China, G20, Latin America, US economy, capitalism, central banks, economics, economy, emerging markets, foreign investment, future, international economy, politics, preparedness, protectionism, reviews, wealth transfer, world order

As soon as I saw this title on the bookshelf, it caught my eye.  Since I’ve been trying to curb my spending, I just skimmed it and put it back.  Well, I returned a week later and decided to buy it after skimming it again.
I’m not finished with the book yet (although it’s just a [...]

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Supracurrency Coin Proposed as United World Reserve Currency

July 12, 2009 · 10 comments

in US dollar, currencies, international economy, news and updates, world reserve currency

Is the supranational currency proposed by Russian President Medvedev for real?  At the G8 meeting in L’Aquila, Italy (July 8-10, 2009), Medvedev is reported to have brought a sample of a new “united future world currency” coin minted in Belgium and bearing the words “unity in diversity.”
According to Bloomberg, Medvedev said “the question of a [...]

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US Dollar Reserve Currency Status Now Officially Up For Debate Ahead of G8 This Week

July 5, 2009 · 5 comments

in US debt, US dollar, currencies, foreign investment, inflation, international economy, investing (general), politics, savings, world order

China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago.  With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air).  Just [...]

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