Wednesday, September 30, 2009

World Bank says don’t take US dollar’s place for granted

Subject: txt mny -
WASHINGTON — World Bank president Robert Zoellick said the United States should not take the dollar's status as the world's key reserve currency for granted because other options are emerging.

Zoellick said global economic forces were shifting and it was time now to prepare for the fact that growth will come from multiple sources...

[We can't ruin our currency through deficit spending (printing!) and expect the rest of the world not to notice....]

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