Looks like it might be too late already: http://www.ft.com/cms/s/0/7851925a-17a2-11de-8c9d-0000779fd2ac.html
---- Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund. In an essay posted on the Peoples Bank of China<http://www.pbc.gov.cn/english/detail.asp?col=6500&id=168>s website, Zhou Xiaochuan, the central banks governor, said the goal would be to create a reserve currency that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies. ... --- On Mon, Mar 23, 2009 at 4:17 PM, Robert Munn wrote: > > BTW, for anyone who wants the President's plan to work, consider buying > lots of Chinese made goods from now on, because the Chinese could put an end > to this social experiment at any moment by simply refusing to loan us money. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:292571 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
