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Silver
05-18-2009, 07:06 PM
http://www.ft.com/cms/s/0/996b1af8-43ce-11de-a9be-00144feabdc0.html
Brazil and China eye plan to axe dollar

By Jonathan Wheatley in São Paulo

Published: May 18 2009 18:24 | Last updated: May 18 2009 23:31

Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president.

The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency.
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Friedman
Predicts the
Destruction
of the Dollar

The late, great Milton Friedman
in his classic book prophetically
revealed how Obama's reckless monetary policies will cause hyperinflation and destroy our nation