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Re: Nolerman post# 6573

Sunday, 10/13/2013 7:12:52 PM

Sunday, October 13, 2013 7:12:52 PM

Post# of 46663
The Chinese have a long term view of what they want to accomplish. In the United States we think in terms of two to four years. In China they're thinking fifty years from now. The question is do they want their currency that is backed by gold reserves to be the world's stable currency in fifty years.

All things considered what country is in the best position to accomplish such a goal for their currency?