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ratchetjaw666 · 29-04-11, 18:27

I doubt the yuan will be the nest reserve currency. I would more suspect that China along with the rest of the BRICS nations will put together some sort of hybrid like the euro. But the writing is on the wall. The US dollar will not be the reserve currency in the future. The only way we will be able to retain that position would be to go back to gold and silver backed currency, but to do that gold and silver will have to be removed from the comex board or it would result in huge inflation. The fact is there will be no changes to US policy on currency. The powers that be would prefer to collapse our economy so that they could purchase assets at pennies on the dollar.

29-04-11, 18:27	#19
ratchetjaw666 Junior Member Join Date: Mar 2011 Posts: 20 Thanks: 127 Thanked 17 Times in 12 Posts	re: End is Close For the US-Some Americans Now Believe-True Facts/VIDEOs I doubt the yuan will be the nest reserve currency. I would more suspect that China along with the rest of the BRICS nations will put together some sort of hybrid like the euro. But the writing is on the wall. The US dollar will not be the reserve currency in the future. The only way we will be able to retain that position would be to go back to gold and silver backed currency, but to do that gold and silver will have to be removed from the comex board or it would result in huge inflation. The fact is there will be no changes to US policy on currency. The powers that be would prefer to collapse our economy so that they could purchase assets at pennies on the dollar.