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(Untitled) Sep 29th 2013, 01:19, by noreply@blogger.com (Cliff Küle) click to enlarge & think about it China's Renminbi: Soon To Be  A Reserve Currency? John Mauldin* analyzes the potential for the Chinese currency, the renminbi (RMB) to be a reserve currency alongside the U.S.$ .. he does not see the Chinese currency as becoming the world's reserve currency though ..  "We might opt for a more thoughtful and constructive response: to welcome the RMB to the reserve currency club and hope that it gets here soon. The world will be a better place when that happens. And off the radar screen, it may be happening right now. Today we look at global trade flows and international balances and try to imagine a world in which much 'common wisdom' gets stood on its head. It should make for an interesting thought experiment, to say the least." LINK HERE to download the letter in PDF Click "Mauldin September 28" to download Mauldin's letter (may need to provide your email address), or hit "View Fullscreen" at the bottom next to the Scribd logo to enlarge viewing .. John Mauldin, Best-Selling author and recognized financial expert, is also editor of the free Thoughts From the Frontline that goes to over 1 million readers each week. For more information on John or his FREE weekly economic letter go to: http://www.frontlinethoughts.com/learnmore Mauldin September 28

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