(N.Morgan) As it was reported previously, the yuan was added to the IMF’s Reserve currencies earlier this week.
Which in and of itself may not be Earth shattering, however, 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.
Many are completely unaware of what the SDR is and what implications it may hold for our immediate future.
The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.
As of March 2016, 204.1 billion SDRs (equivalent to about $285 billion) had been created and allocated to members.
SDRs can be exchanged for freely usable currencies.
The value of the SDR is based on a basket of five major currencies—the U.S. dollar, euro, the Chinese renminbi (RMB), the Japanese yen, and pound sterling—as of October 1, 2016.
So in essence, the SDR may play a major role in the formation of a One World Global Government.
In the video below, James Corbett gives a brief analysis of how the central bankers are setting up their chess pieces for the move to a one world order.