Inside Story - China questions the dollar's value - 26 Mar 09 - Part 2

Days before the G20 financial summit in London, Zhou Xiaochuan, the governor of the People's Bank of China, called for a new currency to eventually replace the US dollar.

The dollar, which was made the reserve currency after World War II, has come under increased pressure of late.

Barack Obama, the US president, cast doubt upon calls by senior Chinese authorities for the creation of a new global currency to replace the dollar as the standard bearer for the world.

Category:

News & Politics

Tags:

• Barack Obama
• US Dollar
• Al Jazeera
• AlJazeera
• Inside Story
• China
• Chinese Economy

[davidinfo13]

there could be a war because of this shit

[Utube7372009]

Well at least someoe is questioning this the U.S. money is worthless I dont see how we here in Canada have to pay over 5 hundre3d dollars Canadian just to buy 4 hundred american like what a load of Crap Iam glad I dicthed my U.S. dollar account and good riddence to their economy.

[tomlovegod]

@davidinfo13 US give China tons of papers(dollar) to grap China's fortunate. It's a way of invading China,no blood,no killing but more powerful and more greedy. It migh push China to have a war with US even in nulear.

[OSCAR1777]

@Utube7372009 cause you canadians were always inferior 

[ratarob]

ohhhhh!!! I see a nuke in china's future. I don't know why do......... hahaha

[Seano71]

China is buying gold now, so is India and several other nations

[Seano71]

silver is far better

[ashtraytv]

"You're" not "Your".....retard.

[curvygirl1123]

the new world order is hear this is official now no more conspiracy the new world order has arrived people of the world opose the new world order

[joeQuark]

Beancube2008, gold is money. Max Keiser is absolutely correct. Gold is scarce, and therefore an economy based on a gold reserve is 100% accountable.

Money is a symbol for value, therefore scarcity, desirability, durability, accountability, and inability to counterfeit are the key ingredients to a money. Gold is the universal element that most satisfies these conditions.

"Know them by their deeds". Anyone against a gold standard is either completely ignorant or a would-be thief.

[111olbap]

your english is crapp.

It isn't a chinese language. You need to use words like AND and CAN and WILL and IF

chink

[jackjacka87]

YOUR RETARDED!