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Monday, August 29, 2016

IMF’s ‘Substitution Fund’ to kick-start SDR as new global currency?

http://www.cdfund.com/wp-content/uploads/2016/08/SDR-Special-aug2016-DEF.pdf

After seven years of Chinese pressure, a plan allowing investors to exchange their U.S.
Treasury holdings for SDRs through a ‘substitution fund’ is being discussed
The Big Reset (2013) fully explains the need for a major reform of the world’s financial system.
At that time of publication, most people still had no clue what form the unfolding financial
endgame would take. A few years further on, and as interest rates have reached a level not seen
in 500 years, many are now starting to agree major monetary changes are needed urgently.

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