China's Game: Credit And Gold. Thursday's Edition
How China Is Winning And Will Win The World. Series 21 #4
America’s entry into establishing the U.S. dollar as the global reserve currency began with its role as a creditor nation, lending to Britain and France during World War I. The second step was accumulating large gold reserves.
China studied how America built the creditor relationships and gold reserves that made Bretton Woods and the dollar a global cu…
