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Russian Prime Minister Vladimir Putin has told the Davos economic forum it is dangerous for the world to over-rely on the dollar as its reserve currency.
He called for a range of reserve currencies and said he envisaged the emergence of several strong regional currencies in the future.
He advised against isolationism and state economic control as ways out of a "perfect storm" in the world economy.
"Excessive dependence on what is essentially the only reserve currency is dangerous for the world economy, therefore it would be expedient to encourage an objective process for the emergence of several strong regional currencies in the future," he said.
Originally posted by zazzafrazz
Who prints the currency in Russia? How does it work there? For that matter. who prints the Euro?
Originally posted by SLAYER69
reply to post by ImaNutter
There is now a possibility that China will buy gold and no longer support T bills.