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The Great Dollar Debate


By Caitlin McDevitt
Posted Sunday, July 5, 2009 - 9:05am

Beijing has already mentioned that it would like an alternative to the dollar as the world reserve currency, and it wants the topic discussed further at a summit this week, according to Reuters. Leaders from the Western economic powers, Russia, China, India, and Brazil will meet this week to mull over "global challenges." Reuters calls the discussion of the dollar "the most delicate issue" that the leaders will face in terms of the economy.

  • Caitlin McDevitt is an editorial assistant at The Big Money.