Current scenario:
1) After China, Russia and Venezuela kill the petro-dollar
2) Russia, China as well as India trading metals such as gold and silver in their own currency.
3) International Monetary Fund (IMF) and their Special Drawing Rights (SDR) usability for international trade by 1 January 2018.
IMF is going to form a new currency called "SDR" backed by IMF for international trade, which would then replace the USD as an international currency.
IMF will kill the USD as international currency because:
1) Their created SDR.
2) Worldwide support of SDR for international trade.
3) Creation of "International Ledger Technology" for SDR by IMF.
This would lead to the demise of the USD as an international currency.
The proof is that the IMF helped UK's Citibank to produce their inaugural first bond in the form of SDR.
Does this signal the end of USD dominance? Time will tell.
Good Luck! Amigo!
"The only constant changes!"
Yours sincerely,
Dr. Lion.
1) After China, Russia and Venezuela kill the petro-dollar
2) Russia, China as well as India trading metals such as gold and silver in their own currency.
3) International Monetary Fund (IMF) and their Special Drawing Rights (SDR) usability for international trade by 1 January 2018.
IMF is going to form a new currency called "SDR" backed by IMF for international trade, which would then replace the USD as an international currency.
IMF will kill the USD as international currency because:
1) Their created SDR.
2) Worldwide support of SDR for international trade.
3) Creation of "International Ledger Technology" for SDR by IMF.
This would lead to the demise of the USD as an international currency.
The proof is that the IMF helped UK's Citibank to produce their inaugural first bond in the form of SDR.
Does this signal the end of USD dominance? Time will tell.
Good Luck! Amigo!
"The only constant changes!"
Yours sincerely,
Dr. Lion.
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