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Category: Currency Wars

April 20, 2011 Category: Currency Wars

Diversifying with Foreign Currencies: 9 Currencies That Are Outperforming the U.S. Dollar

In this article, I will introduce the concept of using foreign currencies for savings diversification and will discuss nine currencies that have outperformed the U.S. Dollar.

March 23, 2011 Category: Currency Wars

7 Economic Consequences of a Dollar Collapse

What would happen if the U.S. Dollar were suddenly dropped as the world’s reserve currency? Here are 7 economic consequences of a dollar collapse.

March 2, 2011 Category: Currency Wars

Why the Dollar’s Reign Is Near an End – WSJ

For decades the dollar has served as the world’s main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here’s why—and what it will mean for international markets and companies.

January 15, 2011 Category: Currency Wars

Chinese president: It’s time to dump the dollar

On the eve of a U.S. visit, Chinese President Hu Jintao made the boldest statement yet on the future of the U.S. dollar as a reserve currency, calling the current global monetary exchange system “a product of the past” while promoting his own country’s currency as a replacement.

June 30, 2010 Category: Currency Wars

UN report: Abandon the U.S. dollar

The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency.