DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - China Launching Gold Backed Worldwide Currency

**SDorothy28** · 09-05-2012, 06:12 PM

I can't imagine why so much skepticism about this story in the OP. It's the money that's left after this whole global fiat system self destructs. The Chinese are planning for the post-fiat world.

Hatha

I totally agree. Who better than the Chinese (who have hundreds of billions invested in T-bills) to see the writing on the wall that the FRN is toast? They are building a gold foundation that will remain once the fiat house of cards has collapsed.

09-05-2012, 06:12 PM	#16
SDorothy28 Join Date Oct 2005 Posts 571 Senior Member	I can't imagine why so much skepticism about this story in the OP. It's the money that's left after this whole global fiat system self destructs. The Chinese are planning for the post-fiat world. Hatha I totally agree. Who better than the Chinese (who have hundreds of billions invested in T-bills) to see the writing on the wall that the FRN is toast? They are building a gold foundation that will remain once the fiat house of cards has collapsed.
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