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The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and Wall Street. Fearing […]
Posts Tagged ‘US Treasury bonds’
Washington’s Financial Currency War on China: The Eclipsing of the US Dollar by the Yuan
September 1st, 2015 
Awake Goy 
Posted in World News 
Tags: china, national currency, US Dollar, US Treasury bonds, Wall Street, Washington 
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