Wednesday, June 23, 2021

The “Great Reset” Is Here - The Daily Reckoning

The “Great Reset” Is Here - The Daily Reckoning: For years, currency analysts (myself included) have looked for signs of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a substitute, which would be agreed upon at some Bretton Woods-style monetary conference. Now, it looks like the move towards the long-expected Great Reset is accelerating. At the recent G7 summit in the UK, G7 leaders gave their blessings to a $100 billion allocation of IMF special drawing rights (SDRs) to help lower-income countries address the COVID-19 crisis.

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