The head of China’s Central Bank has declared that the country is ready to end pegging its currency in dollars, but said that any changes would be gradual.
Zhou Xiaochuan, governor of the People’s Bank of China, described the decision as a “temporary” response to the global financial crisis, but gave no timescale for any change [...]
Archive for the 'Money' Category
China ready to say goodbye to dollar
How the economy works – Joke… well kinda
The story below is a “joke” that has been circulating around the web.
The sad thing is it’s really not that funny because its very true, we have a pointless & phony monetary system and this story illustrates that very nicely.
Economic recovery
It is a slow day in the small Minnesota town of Marshall , and streets are deserted. [...]
Tim Hawkins – The Government Can
Watch this video, its hilarious and very true, not much more to say
The 2009 US Budget
Please click here to view the 2009 US Budget and see where your tax dollars are going.