Economia
- Padrão Ouro
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone...
- O Padrão Do Dólar
Our Dollar, Your Problem In his new book, The Unloved Dollar Standard: From Bretton Woods to the Rise of China, McKinnon explains some uncomfortable truths. The dollar standard is unloved because of what one US Treasury secretary told his foreign critics...
- Olimpíada: Top Ten
Overall Medal Count RankCountryGoldSilverBronzeTotal 1 United States462929104 2 China38272287 3 Russia24253382 4 Great Britain29171965 5 Germany11191444 6 Japan7141738 7 Australia7161235 8 France11111234 9 South Korea138728 10 Italy891128 ...
- Fim Do Dólar - Chegada Do Yuan?
Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report China has taken yet another step to transform the yuan into the dominant global currency, a long-term initiative that could ultimately dethrone the dollar as the world’s top unit...
- China Perto De $ 2 Trilhões Em Reservas
BEIJING (AP) -- China's central bank said Saturday that its foreign exchange reserves rose 16 percent year-on-year to $1.9537 trillion by the end of March. China's reserves, already the world's largest, increased by $7.7 billion in the first...
Economia
China no caminho de padrão ouro
China continues to hoard gold en masse. In June, China imported 104.6 tonnes from Hong Kong. That would bring China's gold imports from Hong Kong to 1,160 tonnes since the beginning of this year. Officially, China reports its total gold holdings at around 1,000 tonnes. Yet speculation is widespread that it could be holding somewhere between 7,000 to 10,000 tonnes, surpassing the United States' 8,113 tonnes. China is apparently preparing to adopt an impending gold standard.
Yao Yudong, a member of the People's Bank of China's Monetary Policy Committee, recently penned an article in the China Securities Journal, in which he called for a new Bretton Woods system. This would help stabilise the global exchange rates. By implication, he is calling for a return to the gold standard.
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- Padrão Ouro
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone...
- O Padrão Do Dólar
Our Dollar, Your Problem In his new book, The Unloved Dollar Standard: From Bretton Woods to the Rise of China, McKinnon explains some uncomfortable truths. The dollar standard is unloved because of what one US Treasury secretary told his foreign critics...
- Olimpíada: Top Ten
Overall Medal Count RankCountryGoldSilverBronzeTotal 1 United States462929104 2 China38272287 3 Russia24253382 4 Great Britain29171965 5 Germany11191444 6 Japan7141738 7 Australia7161235 8 France11111234 9 South Korea138728 10 Italy891128 ...
- Fim Do Dólar - Chegada Do Yuan?
Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report China has taken yet another step to transform the yuan into the dominant global currency, a long-term initiative that could ultimately dethrone the dollar as the world’s top unit...
- China Perto De $ 2 Trilhões Em Reservas
BEIJING (AP) -- China's central bank said Saturday that its foreign exchange reserves rose 16 percent year-on-year to $1.9537 trillion by the end of March. China's reserves, already the world's largest, increased by $7.7 billion in the first...