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Sunday, July 05, 2009

The Looming Cost of Inflationary Explosion of Federal Debt

India Joins Russia, China in Questioning U.S. Dollar Dominance

Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion foreign-exchange reserves and hold fewer dollars.

 

Posted by Thomas E. Brewton on 07/05 at 02:44 PM
Economics • (1) Comments
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