I have one of those red 100 Renminbi (yuan) notes with Mao's portrait on it. Is it backed by the full faith and credit of the communist party? What backs it? How is it worth anything? The international currency speculators are just excited about anything expanding their potential market.
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Boy that website sets a ton of cookies.
Fed flushes the dollar down the toilet, something's got to replace it. No surprises...
I have one of those red 100 Renminbi (yuan) notes with Mao's portrait on it. Is it backed by the full faith and credit of the communist party? What backs it? How is it worth anything? The international currency speculators are just excited about anything expanding their potential market.
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