The United States " wall street daily " the article inscribed formerly on March 2: Why the free plant lights regnant position of the dollar is about to end (author Bali Aiken Glyn)
The regnant position that a surprising fact is a dollar ends soon. I believe to be in henceforth 10 years, we will see a major change, our world will turn into several kinds of moneys the world of mutual competition mastery.
The influenc free mountain t shirts e of this kind of change also will be tremendous likewise, the stability that affected exchange rate, stability of money market, United States is in how old can mix for the budget on degree often project deficit undertakes financing and beautiful couplet store whether carry out an in a way not so the policy of dollar of rely heavily on sb's service.
Why to meet such? To know the future of the dollar, the history that we are necessary to understand a dollar -- , why dollar from at the beginning can unify the whole country.
Above all, the glamour of the dollar reflected the most popular selling travel mugs stainless the fact with the bond quite broad market that is settle accounts unit with the dollar. The 2nd fact is the safe harbor that the dollar is the world. Finally, because the dollar cannot be replaced almost and acquire huge interest.
memory laptop toshibaIn f the most popular plantronic wireless headset act, the pillar of regnant standing of world of this 3 big dollars that prop up is shaking gradually.
Above all, the changes to destroying a dollar monopoly position of science and technology. In the past, the world is likely a be patient of true internationally money. But now, almost everybody is taking a hand to manage facility, can use real time to compare the price with different money settle accounts.
The 2nd, on international aren the best selling plant lights a, the dollar will face true rival 50 years for the first time. Before long it replaces those who face two to have actual strength the coin -- , euro and RMB.
With a few people f travel mugs stainlessorecast apropos and contrary, european governmen the most popular selling the most popular selling t did not abandon euro, in the future also won't. They will carry out long-term deficit to cut a plan, its are determined to want to be gotten greatly than the United States much. They will be issued " euro bond " in order to resolve the crisis of oneself. This will lay a foundatio the best selling loony tunes golden n for unified European bond market, and it is for the bond that markets of such a bond replace American national debt one kind to creation must.
Meanwhile, china also is carrying out the internationalization of the R furniture light MB quickly. Allow Chinese company to use a RMB in crossing condition settle accounts, will make they avoid the foreign currency that holds high at having cost to trade. The each silver exercise that allows China does business to also will make them alive in the world with the RMB the bound acquires larger share in money market.
Finally, the dollar also will be lost as the position of safe harbor. American government all through the ages has borrow have still, and it always also has financial capacity to accomplish this. But now, 75% what federal debt has been close to American GDP. As a result of the burden that repay captital with interest heavier and heavier, people can'ts help wanting to ask whether the United States tries inflation of have the aid of will go back on his word.
All what can these produce to affect to the market, company, family and government?
Foreign currency market will produce marked change. Once erupt finance is queasy, the value of the dollar also jumps naturally again, the value of other and main money also won't drop accordingly.
Apparent, the life of American company will become more burdensome. They will face same exchange rate risk with foreign competitor. Contrary, the day of the bank of Europe and China and company is gotten with respect to feel well much, because they will use their money,will pursue international trade.
In this new money world, the cost that American government has financing for its budget deficit so won't low. Same, the United States also cannot be maintained the best selling travel mugs stainless so large trade and often project deficit, because the cost of financing will be higher and higher. ?
No comments:
Post a Comment