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The yuan was officially added to the IMF’s SDR basket today, which may not be world-shattering in and of itself. But when combined with the revival of SDR-denominated bonds there can be no doubt that the central bankers are making their play for a global currency. Unfortunately, most people have no idea what SDRs are, let alone the role they are going to play in the formation of the global government. Get up to speed with The Corbett Report’s latest article, “SDR World Order.”
SHOW NOTES
IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
Meet The SDR: The Global Reserve Currency?
The Chinese Yuan is Now An IMF Reserve Currency: Here’s What It Means
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