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Commodity-backed reserve currency is the post trans-Atlantic Petrodollar bust

If it was the intent of the Empire to bring Russia and China together - one a natural resource (if "somewhat" corrupt) superpower and the other a fixed capital / labor output (if "somewhat" capital misallocating and credit bubbleicious) powerhouse - in the process marginalizing the dollar and encouraging Ruble and Renminbi bilateral trade, then things are surely "going according to plan." - [Read more]