Originally posted at Fox Business
It is not hard to underestimate the animosity felt towards the international trade payment system that is based on the historical role in recent history of the United States dollar as the global reserve currency. Adversaries of the United States have a love-hate relationship with the USD. During the recent Ukrainian crisis and the short-lived sell-off of the RUB against world currencies, Russians flocked to the USD as a haven, even demanding to settle real est...
Published on June 12, 2014 22:47