China Doesn't Need Much Gold To Create a Gold-Based Dollar Alternative

Although the idea of Classical money — in practice, a gold-based currency — is not popular today in the U.S., it actually has quite a lot of support elsewhere. Both China and Russia are clearly making moves in that direction, even if perhaps in the form of contingency plans should [...]

China Doesn't Need Much Gold To Create a Gold-Based Dollar Alternative

#China, #ClassicalMoney, #Gold