'US Leaders Destroying the Dollar'

The leaders of the United States are destroying the dollar but hypocritically accusing China of currency manipulation, a US accounting expert says.

“The Chinese leaders are representing the interests of China. They should be. And, by contrast, we have American leaders who are destroying the dollar,” Paul Sheldon Foote, a professor of accounting at California State University, Fullerton, told Press TV.

Washington has been pressuring China over the yuan, saying Beijing is deliberately keeping the value of its currency low to help its exporters at the expense of other countries.

And the US Treasury Department plans to issue a report in which Beijing could be declared a currency manipulator.'

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