Chinese Yuan money supply is double the US at $40 trillion with no end in sight.
(Note the Chinese Yuan in the chart is adjusted for the exchange rate to the $)
BRIC's are a fantasy as I have mentioned before. If you have a problem with US printing you will really have a problem with China Printing Press!
Recently Russia walked away from India and broke off talks as Russia has billions of INR (Indian Rupees) it can not use.
So Putin doesn't want to be a creditor to Modi.
Maybe Modi will want to lend to Putin?! NO!
Then that rules out 2 of the 4 BRICs currencies as dollar replacements!
We will now file this social media fantasy under
Extraordinary popular delusions and the madness of crowds catagory.
(Note the Chinese Yuan in the chart is adjusted for the exchange rate to the $)
BRIC's are a fantasy as I have mentioned before. If you have a problem with US printing you will really have a problem with China Printing Press!
Recently Russia walked away from India and broke off talks as Russia has billions of INR (Indian Rupees) it can not use.
So Putin doesn't want to be a creditor to Modi.
Maybe Modi will want to lend to Putin?! NO!
Then that rules out 2 of the 4 BRICs currencies as dollar replacements!
We will now file this social media fantasy under
Extraordinary popular delusions and the madness of crowds catagory.
Real Macro Economic Investing
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