Sick of ‘Dollars’, But What Else Is There?

By |2017-12-19T15:43:24-05:00December 19th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

If China wishes to ever throw off the shackles of the eurodollar system, and they do, to eventually go out on its own in an RMB dominated world there is a lot to cleanup long before that’s ever an attainable goal. To start with, we don’t know near enough about what’s going on inside that country’s financial and economic system. [...]