When The Financial Centers’ Computers Are Ready The Yuan Will Be Accepted As A World Reserve Currency


Ronmamita's Blog

GOLD-COINS-VS-GOLD-BARS
{Important Note: Reviewing and forecasting the institutions’ plans is not a endorsement. The fact that the member nations are not planning to abolish fractional reserve banking means their plans continue to be a destructive, debt based system.}
The growing number of RMB Bilateral Swap Agreements between the People’s Bank of China and central banks around the world have rapidly been implementing transaction centers in various financial districts in many nations to transform the Chinese Yuan into a “freely usable” currency.
Many nations are clearly desiring to transition out of the 70 year U.S. Dollar reign as the world’s reserve currency, the BRICS embrace a “multipolar” monetary system and strengthen the “United Nations at its center and foundation“.
My forecast is that the IMF will eventually accept the yuan (RMB) along with the dollar (USD), and euro; with or without the U.S. votes in the IMF.
The…

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