The gradual Global Reset continues with the official inclusion of the Chinese Yuan (RMB) as prime alternative to the US dollar as global currency of exchange which should provide a smooth transition away from all fiat currencies.
Continue reading Western Banks Crumble while Yuan Joins the IMF SDR Basket
Tag Archives: renminbi
US Approves Yuan SDR Inclusion after China Orders 300 Boeing Planes
After reassuring the United States that its economy will be propped up by China, Obama has given his thumbs up to the inclusion of Renminbi into the IMF’s SDR basket of currencies.
Renminbi is the official “people’s currency” of China; Yuan is the primary unit of that currency.
Continue reading US Approves Yuan SDR Inclusion after China Orders 300 Boeing Planes
Dollar Decline Continues
Anchored in reality, here’s a good analysis of what is happening to the King Dollar…
The Dollar Decline Continues: China Starts Direct Convertibility With Asia’s #1 Financial Hub
Submitted by Tyler Durden on 10/30/2014 20:42 -0400
Continue reading Dollar Decline Continues