In The Aggregate - Arizona's political blogs » government revenue http://tucsoncitizen.com/in-the-aggregate Fri, 24 May 2013 17:17:05 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 More signs of looming demise of dollar as reserve currency http://www.westernfreepress.com/2013/04/02/more-signs-of-looming-demise-of-dollar-as-reserve-currency/?utm_source=rss&utm_medium=rss&utm_campaign=more-signs-of-looming-demise-of-dollar-as-reserve-currency http://www.westernfreepress.com/2013/04/02/more-signs-of-looming-demise-of-dollar-as-reserve-currency/?utm_source=rss&utm_medium=rss&utm_campaign=more-signs-of-looming-demise-of-dollar-as-reserve-currency#comments Tue, 02 Apr 2013 16:45:10 +0000 Christopher Cook http://www.westernfreepress.com/?p=103694 If the U.S, dollar loses its status as the global reserve currency, we are in for a rocky ride. We’ve pointed this out before, here . . .

The dependence kills good-paying jobs thereby reducing both household purchasing power and government revenue. It creates a serious trade imbalance righted by the sale of paper securities. Yet the value of those securities depends on a dollar whose strength has been steadily diminishing as our debt increases and the Federal Reserve maintains ...

]]> http://www.westernfreepress.com/2013/04/02/more-signs-of-looming-demise-of-dollar-as-reserve-currency/feed/atom/ 0