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edpell
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Prof. Stiglitz of Columbia University said:
"The current reserve system is in the process of fraying," the Columbia University economics professor said at a conference in Bankok. "The dollar is not a good store of value. Right now, the dollar is yielding almost no return and yet anybody looking at the dollar has to say there's a high degree of risk."
Any thoughts on what we can use to replace the "fraying" dollar?
Being a Columbia graduate I am fond of the University and its professors. :)
"The current reserve system is in the process of fraying," the Columbia University economics professor said at a conference in Bankok. "The dollar is not a good store of value. Right now, the dollar is yielding almost no return and yet anybody looking at the dollar has to say there's a high degree of risk."
Any thoughts on what we can use to replace the "fraying" dollar?
Being a Columbia graduate I am fond of the University and its professors. :)