Will the dollar be able to maintain its supremacy in the long term? Will the BRICS undermine its influence? With China and Japan now trading in their own currencies, what are the consequences for the dollar? Could we see a new Asian currency competing with the dollar? Or is such an experiment very unlikely given the eurozone status quo? CrossTalking with Mark Calabria, Martin Hennecke and Derek Scissors.
Wednesday, June 13, 2012
CrossTalk: Depegging Dollar
Jun 11, 2012 by RussiaToday
Will the dollar be able to maintain its supremacy in the long term? Will the BRICS undermine its influence? With China and Japan now trading in their own currencies, what are the consequences for the dollar? Could we see a new Asian currency competing with the dollar? Or is such an experiment very unlikely given the eurozone status quo? CrossTalking with Mark Calabria, Martin Hennecke and Derek Scissors.
Will the dollar be able to maintain its supremacy in the long term? Will the BRICS undermine its influence? With China and Japan now trading in their own currencies, what are the consequences for the dollar? Could we see a new Asian currency competing with the dollar? Or is such an experiment very unlikely given the eurozone status quo? CrossTalking with Mark Calabria, Martin Hennecke and Derek Scissors.
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