HU QUESTIONS FUTURE OF DOLLAR

Posted: January 18, 2011 in Current Events, Economic Views, World Events

The global currency war against the US Dollar is intensifying.  Today Chinese President Hu Jintao called the dollar dominated system a “product of the past”.  Of course this comes as no shock to anyone paying attention.  As the world continues to move away from the dollar, this will somehow be spun as positive in our media.  Our country is extremely dependant on being the global reserve currency, as the world moves away from the US Dollar we can expect higher prices across the board.  Loosing the world reserve currency will not benefit Americans.  As I have said in the past there will be many distractions in our media but you must pay attention to China and Russia, these two big players are making moves that will drastically change the life of Americans.

Article Here and Here

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