The United Kingdom has announced that it is preparing to support an alternative to the World Bank and International Monetary Fund (IMF), the Asian Infrastructure Investment Bank. This China-led initiative is meant to give countries a way to engage in trade without having to use the U.S. dollar.
Is the U.S. government’s insistence on devaluing the dollar hurting us abroad as well as at home? If you think so, please Like & Share this post.
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