Comments on: China can’t both pull and push the yuan http://blogs.reuters.com/breakingviews/2010/08/11/china-cant-both-pull-and-push-the-yuan/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Mushty_co_ca http://blogs.reuters.com/breakingviews/2010/08/11/china-cant-both-pull-and-push-the-yuan/comment-page-1/#comment-3323 Thu, 12 Aug 2010 07:30:29 +0000 http://blogs.reuters.com/columns/?p=3725#comment-3323 World requires global uniform currency putting a stop to dominance of currencies in the world at large generating multiple exchange gyrations inflating GDP of the world at large and GDPs of various nations in the world by not less than 30 per cent in the total composition of GDPs and 50 per cent in the composition of services in GDPs. These gyrations had already built up distortions and accumulated deficits and risks like lava in Economic Volcano that was erupt from the year ending 2007 and well found in the beginning of the year 2008. It is better for the world to have International Lender of Last Resort and global uniform currency with major factor dependence on population which is major prime mover of all resources and critical factor with free movement of natural persons under mode 4 of GATS.

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