InvestorsHub Logo
Followers 87
Posts 33424
Boards Moderated 87
Alias Born 03/22/2005

Re: None

Tuesday, 01/02/2018 12:44:47 PM

Tuesday, January 02, 2018 12:44:47 PM

Post# of 19856
(continued) This is extremely ominous, especially when combined with the teetering petrodollar system and the dollar's shrinking role in international trade.

We know the IMF and bankster cabal want to transition to the SDR as the new world's reserve currency. They know the dollar's ability to continue in that role is eroding and a replacement must be found, and the new system must allow them to maintain control over the world's financial system.

So they're proceeding with the transition to the SDR. A key prerequisite was met when they allowed the Chinese yuan into the SDR basket in Sept 2016, and as Rickards explained, they're setting up the financial 'plumbing' for nations holding dollars to convert them into SDRs.

It's interesting that the DLT/Distributed Ledger Technology will be at the core of the new system, which is based on the blockchain approach used by crypto currencies like Bitcoin. Those cryptocurrencies won't play a role in the new system, but DLT/blockchain technology is at the core, with the IMF to be the 'trusted 3rd party'.













Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.