Regional Currencies and the dollar: Elina Rybakova
With BRIC nations discussing the role of reserve Currencies RT spoke with Elina Rybakova, Chief Economist at CitiBank, Russia, about the possible role of regional currencies as alternatives to the dollar.
Duration : 0:3:2
7 Responses to “Regional Currencies and the dollar: Elina Rybakova”
China is buying all …
Comment made on June 18th, 2009 at 12:11 amChina is buying all the commodities and resources it can lay its hands on and it is using Dollars because it knows that it is going to crash.
The Dollar was …
Comment made on June 18th, 2009 at 12:11 amThe Dollar was always going to be dropped at some point, it was a matter of when not if. However the amount of Dollars China holds in it’s reserves means China will not dump the Dollar it will be a slow process.
I am afraid Russian …
Comment made on June 18th, 2009 at 12:11 amI am afraid Russian government wants to get rid of dollar, but they do want to keep their own printing press… They do not want commodity money just as any other government or banking oligarchy.
Paper is not money! …
Comment made on June 18th, 2009 at 12:11 amPaper is not money! GOLD is money! Reserves should be based on GOLD and other precious metals. Maybe even other commodities (oil, uranium).
Central banks …
Comment made on June 18th, 2009 at 12:11 amCentral banks provided credibility? The same ones who created a lot of inflation over the decades of printing and printing and devaluating national currencies? A. Greenspan who was destroying US economy for years by his low rate monetary policy and B. Bernanke who is continuing the same job now have provided credibility and run good policies? For how long this work for the NWO mafia?
I wonder will there …
Comment made on June 18th, 2009 at 12:11 amI wonder will there be a video that says Aaron Russo was right ?
Just as planned.
Comment made on June 18th, 2009 at 12:11 amJust as planned.
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