the yuan will be the world's main reserve currency within ten years...?
from a debate on the Economist: Will the yuan will be the world's main reserve currency within ten years?
74% disagreed with this statement via their online poll.
Monkeys, what do you think?
Personally again I think the China factor is overrated and a tactic for blog/book/media-attention. The dollar will remain the De facto currency for 10-20 years at least. It's easy to dismiss the dollar, but living overseas I realize how much we take for granted the power that the dollar still carries. More than the Euro, more than the Yuan, more than anything else, the dollar is and will continue to be the most powerful currency in the world. Did this same subject not come up during Japan's heyday with the Yen? How quickly we are to forget..