capital flight Archives - Rethinking the Dollar

Consequences of Currency Corrosion

Sep 15, 2022 | Debt, Economic Collapse, Fiat Currency, Financial Literacy, Monetary Education

When you think of something corroding it’s never referenced in relation to money. Just like acid rain over time corrodes sculptures and buildings, too much debt corrodes fiat currency. Over the last decade the United States Government has borrowed in excess of $8...

China’s Central Bank Won’t Let Yuan Weaken Past 7 To The Dollar

May 17, 2019 | Uncategorized

China’s central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the central bank’s thinking said. “At present, rest assured they will...