To Destroy U.S. Dollar: European Central Bank tells U.S. Federal Reserve ‘Go take a hike!’

11 October 2015 (10:01 UTC-07 Tango 01)/19 Mehr 1394/27 Dhu l-Hijja 1436/29 Bing-Xu 4713

“Our monetary policies do present paths that are very different. I would say fundamentally diverging paths for the future.”-Mario Draghi, European Central Bank, 10 October 2015

“The capital market in the EU is relatively less developed compared with the U.S.A…   ….we must manage our European common house, not only on the basis of national interests, but by adopting a systemic, common vision.”-Pier Carlo Padoan, Minister of Economy and Finances of Italy, 09 October 2015

“We are following our own formula…  ….In the European Union, we have to act differently than in the union that makes up the United States.”-Wolfgang Schäuble, Finance Minister of Germany, September 2015

Australia & Singapore first to use Chinese Yuan in major transactions!