Home > corruption, economics > $ no more reserve currency?

$ no more reserve currency?


This is HUGE:

China will propose the new world ‘currency’ with reserve status, in fact a basket of major currencies as defined by the IMF Special Drawing Rights, at the G20 meeting on April 2.

This will have some serious implications for everybody. And it basically means that as US citizens are now seeing their credit card statements come due, so is their government. Good that it’s going to happen, bad for the people it’ll hurt.

See my earlier post here – this may just be the beginnings of a brave, new, equal world.

Change is here. Truly.

[edited for grammar, punctuation]

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Categories: corruption, economics
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