五千年(敝帚自珍)

主题:【原创】货币之锚(一) -- 本嘉明

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家园 More explanation

I emphasize the pricing power of the exportable goods instead of the value of the exportable goods. There're many high tech products( think of CPU) China can only shop from USA. Of course OIL is another item, but that is just by historical reason, which could change as Venezuela and Iran has already suggest Euro. But the high tech stuff wont change as long as we don't have by ourselves. Just imagine a very simple case. If people all over the world like to and have to drink tea from Sichuan province, Yuan could easily attain the world currency status, Isn't it?

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