It has no effect on the dollar.

-quote-

"“Instead of buying directly from trading partners, China has been setting up swap agreements where the Chinese yuan is used instead of the dollar to pay for goods and services.”

— It is a smart move to save cost (currency slipperage) however it has NO effect (Zero ZIPPO) on the value of dollar.
Bring up this point and using it as evidence only shows your finacial inadequacy

“So what should you do? Get out of the dollar. And get into gold.

That’s what China is doing…”

— that is everyone is doing, why don’t you change the title to ” Jim Roggers Is Torpedoing The U.S. Dollar”

“Regardless of China’s actions, the dollar continues to be plagued by economic events”

— you actually stated the truth here, china can’t save/ destroy the dollar, it is doing the same like everyone else - protecting self interest. The real one who “Is Torpedoing The U.S. Dollar” is ben benarke’s moneytary policy"

-end of quote-
Source(s):
http://www.mahalo.com/answers/money/how-will-the-china-and-russia-trade-agr...

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