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Russia, China Reject Dollar

Russia, China Reject Dollar

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BrianAnderson Posted: Sun, Nov 28 2010 8:03 PM

I don't think anyone posted about this story yet, but isn't this quite significant in the fall of the U.S. dollar?

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limitgov replied on Mon, Nov 29 2010 11:41 AM

that does seem like a very big deal.  I would actually like to hear from some US statists on this. Why do they not think this is devasting news for the dollar?

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Redmond replied on Mon, Nov 29 2010 11:45 AM

Actually it has been commented on already.

http://mises.org/Community/forums/t/21226.aspx

"The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing" " Jean Baptiste Colbert"
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