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WCP: "Lynette Zang on Currency Reset, Precious Metal and Crypto"

  • Broadcast in Education
Faheem Shuaibe

Faheem Shuaibe

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            SDRs are international inter-Central Bank Currency. Money for their kind of transactions not for consumer (like you and me) markets. International Monopoly Money [literally] and the IMF is the “Banker” in “The Global Monopoly Game”.[1]

            The biggest buyer of SDRs today is China. The biggest buyer of Gold today is China.  They are moving their fiat dollars, they've accumulated through trade with America, into Gold.

            When the Yuan/China’s currency is added to the Basket Of Reserve Currencies then the Chinese money will take away some/much of the “shine” of the Dollar and other reserve currencies.

            The US dollar dethroned the British Pound as the world’s currency and the biggest economy.  China is currently doing the same (i.e., “gaining ground on”) to the US Dollar and US Economy.

 

[1] http://www.telegraph.co.uk/news/worldnews/northamerica/usa/5126185/Struggling-US-towns-print-their-own-currency.html .(@00:10:10).

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