China set to bump the U.S. dollar???

Discussion in 'Economy' started by BOBO, Dec 16, 2011.

  1. BOBO
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    BOBO The Magnificent!

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    China buys gold, challenges US dollar - Features - Al Jazeera English

    China’s buying gold mines - Max Keiser

    China Takes Advantage Of September Price Drop; Imports Record Amount Of Gold | ZeroHedge

    Has China done it again? The oldest country in history has never went down before, & looks to be set to keep climbing the ladder of global leadership/dominance! Has the U.S. whore'd out it's worthless fiat currency to the point of self destruction???
     
  2. EdwardBaiamonte
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    EdwardBaiamonte Platinum Member

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    1) If its worthless give me yours.

    2) You have to understand that a fiat system and a gold system are both administered by the government so the system does not matter much if at all.

    What matters is that we have the wisdom to manage the current system well.
     

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