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.
Two major problems need to be addressed. First we will need to find a new anchor for the world’s monetary system, and secondly, worldwide debt restructurings, comparable to debt jubilees in ancient times, have to be arranged.
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