EDIT: Indeed, it has been made a reserve currency, or at least it looks like announcements have already been made to pave the way. The IMF is considering adding the Yuan to the group of reserve currencies. That would put it alongside the U.S. Dollar, the Japanese Yen, the English Pound, and the Euro in […]
Tag: Fear
East Europe: Why Historical Fears of War are Well Founded
I received an email full of anti-Obama sentiment the other day. It was an indirect re-hashing of a commonly echoed sentiment most concisely summed up as The American Republic will endure, until politicians realize they can bribe the people with their own money. The above sentiment has been variously attributed to Benjamin Franklin, Alexander Fraser […]