Demise of Dollar as International Currency?

Complete video at: http://fora.tv/2009/07/01/Niall_Ferguson_and_James_Fallows_on_Chimerica

Niall Ferguson and James Fallows debate the statement by Zhou Xiaochuan, head of China's central bank, calling for the replacement of the dollar as the dominant world currency with the creation of an international reserve currency.

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Niall Ferguson, the Laurence A. Tisch Professor of History at Harvard University, and The Atlantic's James Fallows discuss the financial relationship between the United States and China as part of the 2009 Aspen Ideas Festival. The event was moderated by Scott Stossel. - Aspen Institute

Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies. He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.

James Fallows is The Atlantic Monthly's National Correspondent, and has worked for the magazine for more than twenty years. His previous books include Breaking the News: How the Media Undermine American Democracy, Looking at the Sun, More Like Us and National Defense, which won the American Book Award for non-fiction. His article about the consequences of victory in Iraq, "The Fifty First State?," won the 2003 National Magazine Award. Mr. Fallows has been an editor for the Washington Monthly and Texas Monthly magazines, and a columnist for the Industry Standard.

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[kja5]

A single global currency would be horrible. Whoever controlled the supply of it would control the entire world.

[nkmarks]

Apparently the planet Earth doesn't give a dime about us as being different races.

So if we don't learn nature's ways we'll never get anywhere ... we'll just be destroying ourselves more and more ... (we're already seeing it) ... until we wake up ... that is, we wake up here on Earth or some place else, dematerialized ...

[kn9ioutom]

GOLD AND SILVER HAVE ALWAYS BEEN THE REAL MONEY !!!

[swaggOVERLOAD1000]

@kapil1ly4u I dont think you understand my friend, One Word (Illuminati) Look it up do research PLEASE!

[kapil1ly4u]

@swaggOVERLOAD1000 Dear, even if the NWO is created, they will need the hard working slaves in the form of Asians and Africans, the one quality that the developed world is loosing.

[swaggOVERLOAD1000]

@kapil1ly4u This is very true and i thank you, but mann your not looking at the big picture The Whole World is Destroyed...The New World Order is here!

[kapil1ly4u]

@swaggOVERLOAD1000 GOD has done all that he can.....the cycle is complete.......US is destroyed.

[swaggOVERLOAD1000]

@kapil1ly4u Meaning?



[kapil1ly4u]

@swaggOVERLOAD1000 God blessed America......G(Generated) O(Operated) D(Destroyed).

[swaggOVERLOAD1000]

@kja5 Yes but this will come, so sad to say, It is a big idea a New World Order

[skepticoz]

Google BITCOIN people.

[swaggOVERLOAD1000]

I love how the American out smarts the British man, I love Europe but God bless America!