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« Even those in the Gap become slaves of their conveniences | Main | Impressive correction »
4:21AM

Handicapping future global reserves

ARTICLE: Rethinking the Global Money Supply, By Jeffrey D. Sachs, Scientific American, June 2009

A sensible take on what I've been logging for a while. Ideally I see something like 50% dollar, and a quarter each of the euro and an "asia" basketed on yuan, won and yen.

Two should always be able to gain up on one, but better one remain clear biggest, so a 40-30-30 would work too.

(Thanks: Rob Quayle)

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