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Unformatted text preview: This would cause the value of the U.S. Dollar to crash, taxes to rise, and inflation to soar. China wants to cut the dollar out of their trading. According to the FX University Daily newsletter this will be devastating to the worth of the American Dollar. Source: http://www.x-rates.com/d/USD/table.html http://www.worldcurrencywatch.com/landing/fxub_3secrets_landing.html? gclid=CKr5ho7gipwCFclL5QodBD4mXg...
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This note was uploaded on 03/26/2012 for the course ECON GM545 taught by Professor Gotches during the Summer '11 term at Keller Graduate School of Management.
- Summer '11