IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
October 14, 2019
BCH, Bitcoin, Bitcoin Cash, Bitcoin Regulation, Blockchain, Bretton Woods, Cryptocurrency, Decentralized, Digital Assets, Economics, Economy & Regulation, Fiat, Gold Standard, Government, IMF, SDR, Voluntaryism
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Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments retain […]
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