Reserve currencies

Amidst calls for a move away from the use of the U.S. dollar as an international reserve currency RT spoke with Elina Ribakova, Chief Economist at Citibank for her thoughts, and also the outlook for the Russian budget.

Category:

News & Politics

Tags:

• Elina
• Ribakova
• Chief
• Economist
• at
• Citibank
• Reserve
• currencie
• budget

[mike29571]

Coughs. G20 meeting on dropping the dollar.

[ObsTheGreat]

Must be your speakers. I'm in the US and can hear it fine.

[stephensamperi]

your canadian dollars are actually one of the few that is worth more, only little. smart ass lol

[dave777blaster]

An exit strategy for the USD should be devised

Canada and Russia should bring forth the next global dollar

the gold currency with silver coins and gold backed paper .

we will form the NAU to bring USA and Mexico into line two reserve banks one in Russia and one in Canada.

money will be printed by Canada and Russia

with serial number series assigned to each of 6 economic zones in the world.

after all they have all the reserves

and the best banking in the world is in Canada

rated #1

[dave777blaster]

sure one Canadian dollar for 20 of your monopoly dollar my toilet paper is low

[stephensamperi]

does anyone want to trade me some foreign currencies (paper money only) for US dollars?

im collecting world currencies.

[AtilladHun]

China holds 3 trillion in US Bonds. Germany, Japan and others follow with their own trillions each. Russia just recently bought about $340 in US Treasury Bonds. Are you guys crazy? To whom will these countries sell these trillions to, if they drop the dollar as the preferred currency? The Chinese economy is not hurting because they hold these bonds, it's BECAUSE the US, with its current problems, cannot buy Chinese goods! The US will be the largest economy before and after this crisis!

[Imat00l]

I know. It's no more difficult to record it in 2.1.

[HitlerH8sNeoNazis]

Happens to me too!

[Nickster987654321]

Re: Sound.... RT is the only one that most videos I hear only through right speaker.

[bauxi07]

new reserve currencies make sense in the future. but I think that SDR like it is now is not the perfect choice/basket as more important currencies should play a role. of course by doing it everything must be considered carefully.