from Sovereign Man:
Out of Beijing, Chinese financial magazine Caijing has reported that the vice president of China’s central bank Pan Gongsheng made some rather candid remarks about the dollar and renminbi at a recent monetary seminar.
Over the past several years, the dollar has lost significant ground to other currencies, in its share of international trade transactions and national reserves settlement.
This means that, more and more, people around the world are dealing in currencies other than US dollars when they trade with one another.
Please follow SGT Report on Twitter & help share the message.