Jim Rickards: IMF made secret deal to kill US dollar; replacement is world currency

USD will be replaced with a world currency called Special Drawing Rights (SDR)

Jim Rickards Sunday, January 30, 2011

4/5/16 – Internationally renowned global macro-economist, lawyer, and author of The Death of Money, James Rickards says a secret deal has been struck to kill the US dollar, and replace it with a world currency called Special Drawing Rights (SDR). Continue reading “Jim Rickards: IMF made secret deal to kill US dollar; replacement is world currency”

IMF executive board to vote on Yuan inclusion Nov 30

The staff nod makes approval by the fund’s board this month all but certain

Yuan_ paper money_1200x-1

China’s yuan is poised to enter the big leagues of global currencies, according to the judgment of the International Monetary Fund.

IMF staff have recommended the yuan be included in the fund’s Special Drawing Rights reserve-currency basket, alongside Continue reading “IMF executive board to vote on Yuan inclusion Nov 30”