While we confidently maintain gold does not matter, China may be laying in a big surprise by demonstrating the RMB is harder than the dollar...
One of the members of the Chatham House global Taskforce was … Meghnad Desai, who is also Chairman for OMFIF. Small world. In its research the taskforce was greatly helped by the “Chinese Academy of Social Sciences (CASS), and Professor Yu Yongding and Mr Zhang Yuyan.” Could it be there is a team of academics and policy makers around the world working behind the scenes to reform the international monetary system by adding, among other currencies, the renminbi and gold to the SDR?Feel free to forward this by email to three of your friends.
0 comments:
Post a Comment