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dollar denomination
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MichaelTryn
4/25/2016 12:49 EST

I read a good post on the TSLA,(Tesla) forum of all places, re: the end of the dollar and u.s. growth as China has enough gold to back them, and what does the u.s. have,promises. I don't mean to post doom and gloom really, I hae a stake in this also. The poster brings up negative interest rates, and China is to stop buying U.S. bonds: "they are getting wise to the federal reserve here!" Maybe the guy posts hooey.

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00abuse

hsvgto
4/26/2016 10:27 EST

the fed will fight tooth and nail against negative interest rates but it's no,it;snot 'hooey"......it's truly alarming that china and russia, at least, actively plot the replacement of US dollar as reserve currency ...I know America isn't perfect by any stretch but I don't want to envisage the knock-on effects of the dollar being replaced..i'm not easily scared but this would do it.....likely to happen too unless a Trump-like character nips it in the bud

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00abuse

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