Monday, February 18, 2013

IS THE DOLLAR LOOSING ITS GRASP OF THE WORLDS RESERVE CURRENCY?

FROM MONEYNEWS.COM “If the dollar loses status as the world’s most reliable currency, the United States will lose the right to print money to pay its debt,” Bove wrote. “It will be forced to pay this debt. The ratings agencies are already arguing that the government’s debt may be too highly rated. The United States Congress, in both its houses, as well as the president, are demonstrating a total lack of fiscal credibility.” CLICK HERE READ MORE:http://www.moneynews.com/FinanceNews/Bove-dollar-currency-reserve-China/2013/02/15/id/490589?s=al&promo_code=1278E-1

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