… The IMF, which is headquartered in Washington, D.C., is the intergovernmental organization that oversees the global financial system. They are THE most influential financial organization in the world economy.
The IMF has proposed replacing the U.S. dollar (as the world reserve currency) with something called “Special Drawing Rights,” or SDRs. SDRs represent potential claims on the currencies of IMF members. …
The IMF also proposed creating SDR-denominated bonds, which could reduce central banks’ dependence on U.S. Treasury Bonds.
The Fund also suggested that certain assets, such as oil and gold, which are traded in U.S. dollars, could be priced using SDRs.
This is a HUGE and important step to replace the U.S. dollar as the world’s reserve currency. I’m telling you… it’s coming… and it’s coming much sooner than most Americans expect.