
“Reform the International Monetary System”-Title of BIS white paper by PBOC Chair Zhou Xiaochuan – 3/23/09 The Shanghai Gold Exchange will launch its international board (SGEI) on Thursday.– Wall Street Journal, 9/17/14 The gold market and SGEI are vital to the internationalization of CNY…the key function of an international currency is trade invoicing for commodities like oil and gas…we would like to increase usage of CNY in trade invoicing by using gold. -– Dr. Yao Yudong,
We have seen China provide non-lethal support to Russia for use in Ukraine. The concern that we have now is based on information we have that they’re considering providing lethal support, and we’ve made very clear to them that that would cause a serious problem for us and in our relationship.-US Secretary of State Antony Blinken, CBS News, 2/19/23 Shannon Bream: “We’re about $200 billion [in Ukraine aid] so far. There are questions about where
A surprisingly large percentage of US income tax receipts are tied to a rise in US stock prices. When the US stock market just stops rising – not falls, but just stops rising – that’ll put pressure on the receipt side of the US fiscal picture, which no one is talking about.– Former Fed Chairman Alan Greenspan, 5/19/15 …as Luther described the deteriorating situation in Germany, it finally dawned on the BOE’s Norman that the