Monday, July 27, 2009

Demise of Dollar as International Currency?

(Fora TV)



Niall Ferguson and James Fallows debate the statement by Zhou Xiaochuan, head of China’s central bank, calling for the replacement of the dollar as the dominant world currency with the creation of an international reserve currency.

View the complete video Fora TV.


Related: Mercosur Promotes Use Of Local Currencies For Regional Trade (WSJ)