Committee Calls for Sound Money

Have you ever wondered how the value of the dollar affects us? At a recent gathering of the Committee for Monetary Research and Education (CMRE), prominent speakers provided insight into threats and possible solutions.
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Committee Calls for Sound Money
A staff member counts money at a branch of the Bank of China in Lianyungang, Jiangsu Province, China, in this file photo. Because of the currency wars going on between countries like the United States and China, there is a lot of pressure to get away from the dollar as the world's reserve currency, but the Chinese yuan is very far from becoming the world’s new reserve currency. (ChinaFotoPress/Getty Images)
Valentin Schmid
10/23/2012
Updated:
10/1/2015
<a><img class="size-large wp-image-1775357" src="https://www.theepochtimes.com/assets/uploads/2015/09/currencies_120773488.jpg" alt="A staff member counts money at a branch of the Bank of China in Lianyungang, Jiangsu Province, China, in this file photo. Because of the currency wars going on between countries like the United States and China, there is a lot of pressure to get away from the dollar as the world's reserve currency, but the Chinese yuan is very far from becoming the world's new reserve currency. (ChinaFotoPress/Getty Images) " width="590" height="442"/></a>
A staff member counts money at a branch of the Bank of China in Lianyungang, Jiangsu Province, China, in this file photo. Because of the currency wars going on between countries like the United States and China, there is a lot of pressure to get away from the dollar as the world's reserve currency, but the Chinese yuan is very far from becoming the world's new reserve currency. (ChinaFotoPress/Getty Images)

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Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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