(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'.