[quote=“TainanCowboy”]Along those lines…
[quote]China signals switch in reserves away from dollar
By Geoff Dyer in Shanghai and Andrew Balls in Washington
Published: January 5 2006 20:13 | Last updated: January 6 2006 02:43
Dollar and renminbiChina indicated on Thursday it could begin to diversify its rapidly growing foreign exchange reserves away from the US dollar and government bonds
The USA wants China to revalue. This is the same thing in reverse if and when it happens.
Collapse of the dollar? :s
My wife was just telling me it’s getting cheap again and we should consider buying some more. Below is a graph of the US$ as compared to the NT$.
I think she’s right. Almost time to buy.
I ain’t to worried about the dollar falling through. I bought some good insurance against that a while back: a real good color printer. If my dollar deposits drop in value, I’ll just print some more. I figure it’d have to drop a damn lot for it to no longer be worth the cost of color ink cartridges to print the things. And if that happens, I’ll just print Euros. Me pretty smart, huh? 