Skip to content

Tag: Reserve Currency

Yuan to Be Added to SDR at the IMF

QUESTION: Mr. Armstrong; If I understand you correctly, should the IMF accept the yuan as a reserve currency, this will have zero impact other than political....

The Euro and Why the Dollar Will Not Be Dethroned

In the Eurozone, Mario Draghi has announced that his quantitative easing has failed to produce inflation as everyone assumed. After nine months of buying various...

Does China’s Devaluation Reduce the Odds of the Fed Raising Rates?

Does China’s devaluation reduce the odds of the Fed raising rates? Some people assume that is the case. However, the Fed is in a box and unless they raise...