"Today the Americans complain that when the world wants to save, it means a deficit. A shared (reserve) would reduce the possibility of global imbalances."No, many Americans, and most of the rest of the world, complain that when a chimpanzee is elected President for two terms, it can rack up serious, multi-trillion-dollar deficits itself - no international intervention required!
22 March 2009
global reserve currency of choice fail
UN panel recommends ditching the dollar
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