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Agreed. Yuan is too closely regulated to stay in China. I doubt it would be viable unless China first steps up their _attitude_ towards being a currency provid
by flowerthoughts 1y ago
Agreed.
Yuan is too closely regulated to stay in China. I doubt it would be viable unless China first steps up their _attitude_ towards being a currency provider.
The EMU is an amalgamation of countries that barely hold together, have vastly different opinions on government spending, and isn't already a "world currency."
I do think we'll eventually have a single currency on the planet, but the question is what happens in my lifetime. And that's much less certain.