This is a non issue. And most of the G20 has discounted it. If China and the Russians think that they can just create a "currency" from nothing that can sustain and grow economies, they're going to find out it's not very easy. Dollars may be devalued these days, but the American consumer market tied with all the innovation, new technologies created here, demand for those technologies abroad, and strong entrepreneurship are where the true value of a nation's long term wealth lies. If China stops buying US debt, they will lose our markets and a whole lot of major bilateral deals. If they attempt to crash the dollar, they're going to lose their shirts and much more.
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