George Soros says he is not shorting the pound and that he is no longer running money, moving back into retirement. He s on with “the Money Honey”, Maria Bartiromo from London on CNBC.
Long run, a move to a global currency may be appropriate, but we are nowhere near abandoning dollar. The Chinese yuan should be made convertable and jubject to market discipline like every one else, Soros says. For the first time in my life, I agree with him…