tag:blogger.com,1999:blog-53246864840716464.post5041976866216907433..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Russia and Iran Now OFFICIALLY Talking of Dumping Dollar for International TradeUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-53246864840716464.post-55326437724083430132009-10-18T10:53:45.409-07:002009-10-18T10:53:45.409-07:00I guess with all those fewer dollars needed for in...I guess with all those fewer dollars needed for international trade, the banks can hang on to their excess reserves without any net increase in print for the US (as long as international GDP increases). Almost like it was planned that way - interesting times.PE Birdnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-24865297522573862082009-10-18T10:47:34.353-07:002009-10-18T10:47:34.353-07:00I would suggest reading W. Joseph Stroupe's &q...I would suggest reading W. Joseph Stroupe's "Russian Rubicon: Impeding Checkmate of the West." The ongoing events are clearly demonstrating that the Dollar demise is just around the corner. What will be the next step for the Obama administration..perhaps to declare a bank holiday?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-41246706475369314612009-10-18T09:53:20.365-07:002009-10-18T09:53:20.365-07:00Andrew Sheng looks at the pros and cons of being t...Andrew Sheng looks at the pros and cons of being the issuer of a reserve currency:<br /><br /><a href="http://english.caijing.com.cn/2009-10-07/110274996.html" rel="nofollow">Prestige, Pitfalls and Perils of a Reserve Currency</a>Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.com