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Chinese Quote by Joseph Stiglitz

“The proposal for a new global reserve currency - or…” quote by Joseph Stiglitz
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“The proposal for a new global reserve currency - or Special Drawing Rights - is a good idea for many reasons. Yes, for the Chinese it would cushion any fall in the value of the dollar per se because it would only be part of a basket of other currencies, including the yen and the euro.”

Joseph Stiglitz

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