Unchained Preppers
General Category => News & Politics => Topic started by: JohnyMac on December 01, 2015, 08:01:28 AM
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Well it has happened. The IMF has elevated the Yuan to the Dollar level.
China's yuan has just won promotion to the premier league of global currencies. (http://money.cnn.com/2015/11/30/investing/imf-yuan-reserve-currency/index.html)
The International Monetary Fund on Monday approved the yuan for inclusion in its elite basket of reserve currencies in what amounts to a major vote of confidence in Beijing's economic reforms.
This move further weakens the Dollar globally.
On another note: This is one of the last steps before we move towards a global Central Bank. Move over Federal Reserve, you are going to be usurped by elitists in Brussels. When that happens we will move towards a cashless society with the dollar being further devalued. Can you say, "Bail In?"