Re: Re: dollar and universal money

[Chris Burford]

At 15:12 28/03/01 -0800, Jim Devine wrote:


>>The US probably calcuates that is has several more decades before the 
>>dollar needs to be threatened in its role of universal money, by the renminbi.
>
>?? the renminbi?

Give it three or four decades, but perhaps only two.

Or do you think that the whole of the Americas will use dollars, 
counterbalancing the size of the Chinese economy?

Chris Burford

London