China calls to replace the dollar...but with what?
- 31st March 2009
- Adam J. West
China's central bank is suggesting that the US dollar be replaced as the international reserve currency. Is this a viable possibility? What would this mean for the U.S.A.? What currency would be considered for a new world economic order? Zhou Xiaochuan, Governor of the People's Bank of China states in an essay posted earlier this week that "The outbreak of the [...