I remember reading months ago how China was moved to the top of the list with Special Drawing Right (SDR) with the International Monetary Fund. Is it possible that the 2,962 votes in favorite of Xi, China's 'Chairman of Everything' is the final piece in the move towards "one world currency' https://tinyurl.com/y9ofqhyr
How difficult would it be if China continues to elect a new chairman every 5 years with a 2 term limit? I remember talk of this while Obummer was still in office and or a third term With American politics all sewed up with the biught elections, perhaps sightes turned to China to change the law of the lands.
NEW SDR CRYPTO BLOCKCHAIN WILL ENSLAVE HUMANITY?? - Lynette Zang
ITM Trading's Lynette Zang talks about why she Believe the ACC (Asset Collection Chain) Coin is being used to capture ownership in the SDR.
The voting rights of the IMF SDR are as followes:
The weights of the five currencies in the new SDR basket based on the new formula are listed below:
U.S. dollar 41.73 percent (compared with 41.9 percent at the 2010 Review)
Euro 30.93 percent (compared with 37.4 percent at the 2010 Review)
Chinese renminbi 10.92 percent
Japanese yen 8.33 percent (compared with 9.4 percent at the 2010 Review)
Pound sterling 8.09 percent (compared with 11.3 percent at the 2010 Review)
So what does this mean for the plans of the illuminates world dominance?
The International Monetary Fund agreed to add the Chinese Yuan to its reserve currency basket. The addition of the yuan, or renminbi, will take effect in October 2016. It will join the euro, yen, pound and dollar in the reserves basket. The yuan will have a 10.92% percent weighting in the SDR.
This decision marks another step in China's global economic emergence and came after the IMF evaluated the Asian nation's standing as an exporter and the yuan's role as a "freely usable" currency. In a statement, IMF Managing Director Christine Lagarde noted the yuan's inclusion as a "clear representation of the reforms" taking place in China.
She added:
"The continuation and deepening of these efforts will bring about a more robust international monetary and financial system, which in turn will support the growth and stability of China and the global economy," https://tinyurl.com/yau2l4qq
NEW SDR CRYPTO BLOCKCHAIN WILL ENSLAVE HUMANITY?? - Lynette Zang
Many folks are telling us to invest in precious metals including Lynnette Zang, Jeff Berwick and many more...
I am just saying and not an financial expert , just a guy trying to get a leg up, so seek professional advice...!