capital flight Archives - Rethinking the Dollar

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...

Consequences of Currency Corrosion

Dec 16, 2014 | 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...