
Keith Preston on China's yuan taking on the US dollar
News Sight
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The US Dollar and the Currency Devaluation
Do you think that the US dollar will generally maintain something along the lines of its present value and obviously inflation is not going anywhere? Well, I think that depends on what the dollar does more than what the one does. We have had the issue we've seen in recent times with inflation,. Now, it looks like inflation is efforts are being made to get inflation under control. But it's also true that the indebtedness of the United States is an issue.
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