| 1 | The valuation of fixed assets shall be based on the original cost. | |
| 2 | But this spring has seen a proliferation of new iron or pricing indexes denominated in renminbi. | |
| 3 | For perspective, the value of all traded securities (bonds and stocks) denominated in US dollars is $50 trillion. | |
| 4 | In order to prevent devaluation of their dollars, they have no option but to keep buying yet more dollar-denominated securities. | |
| 5 | Nor is it available to countries like Greece, Portugal, and Italy because their debt is denominated in Euros. |
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