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IMF: CHINA’S YUAN/REMINBI ON THE WAY TO BEING THE NEW RESERVE ...

Over the course of many blogs and News and Views from the NefariumsI have been urging that two countries to keep an eye on were Germany and China, not the least because of the close trading relationship between the two, and not least because of their respective geopolitical position. Similarly, I have urged that one keep a watchful eye on German-Russian developments, and on calls for replacements of the US dollar as a reserve currency by something else.

Well, according to some, the something else may be on the way:

RMB on way to becoming global reserve currency: IMF official

Now while I have some doubts about the feasibility of the Chinese currency as a reserve currency, and massive doubts about allowing the reserve currency of the world pass to any Communist power, the very fact that anyone within the US-backed IMF would say such a thing also calls for a bit of comment.

First, this could be in itself a bit of fear-mongering, of the "you-think-it's-bad-now-with-the-US-dollar-as-the-global-reserve-currency-and-US-military-adventurism-just-wait-till-the-yuan-is-the-reserve-currency" variety. So far, Beijing isn't raining down drones on top of targets in the Middle East or Africa, and the people in those regions are smart enough to realize that Beijing would be even less tolerant of "terrorism" than would the USA. More to the point, Beiking's soft imperialism is more effective than the USA's-IMF's hard imperialism.

Secondly, I rather suspect this is a bit of deliberate directed narrative meme-planting in another sense, i.e., that of preparing us for the "acceptable and inevitable dialectical alternative," namely, a currency basket as a reserve currency, a varient on the Special Drawing Rights basket already in existence.

So...maybe it would be a good idea to watch for versions of this: a combination yuan-ruble-euro, or yuan-ruble-deutschmark(if the inevitable is allowed to happen in Europe).  In short, keep watching China, Russia, and Germany folks.

See you on the flip side...

8 thoughts on “ IMF: CHINA’S YUAN/REMINBI ON THE WAY TO BEING THE NEW RESERVE ...”

  1. “First, this could be in itself a bit of fear-mongering”

    Renminbi and China aside, the decline of Fed issued “global reserve currency”, meaning oil based economy, meaning the suppression of alternative energy system, meaning the truth embargo on UFO and ET existence are coming to a head.

  2. Need to get away from a private banking system into a public one. Preferrably not based upon “debt”. With it, there could be a system to benefit all/100%. Not the current: that benefits the less than 1%, at the expense of everyone else.

  3. Communist Shmmamunist, it’s all the same basket of bones, promoted by the same Public Relations Firms, the ‘Strategy of Tension’ you feel being ramped up within the public mind is necessary to introduce future culling of those that refuse to get on with the program.

    (rénmínbì) means “People’s Currency”

    On US fiat is printed: “E Pluribus Unum: Out of Many, One”

    On WWII German coinage the emblazoned Rune was: “Gemeinnutz geht vor Eigennutz: Common good goes before self-interest”

    It’s Tolken’s: “One ring to rule them all, one ring to find them, one ring to bring them all and in the darkness bind them.”

    Not only do we have the same ancient circle symbol in the shape of the coin, evoking the notion for infinity and unity, but also both German and Latin scripts, in Runic fashion, pronounce the binding together of all individuals into a single unit. It’s as though the script is intended to affirm what the image of the circle already impresses. Although the Germanic example is less obvious by implying that it is for the common good…the individual stone must place itself into the public heap, to the exclusion of self-interest. The intent is still the same. “Rather than being for the benefit of the common public, its real focus is towards the apex of power.” Both Runes, and now the Chinese addition, have, undoubtedly, the same intent…that being, to corral the potential of each individual for the benefit of the capstone.

    Here’s a project that began for me in the early ninety’s. With the advent of the first iterations of Photoshop I was finally able to demonstrate to myself something that had dawned on me some time earlier. The 2 seals on the US Dollar, superimposed one on top of the other, allowing one to glimpse the entirety of the Latin script amongst the iconography as was obviously intended.

    http://amunaor.wordpress.com/a-talisman-for-the-realm/the-great-seal/

    and…….A Talisman for the Realm:

    http://amunaor.wordpress.com/a-talisman-for-the-realm/ring-of-power/

    1. China is certainly being offered a ring of power by the banksters but not the ring to rule all rings. The banksters need a new host. Will China side with the BRICs and Germany or will they throw their lot in with the banksters who no doubt have promised them global supremacy by offering them the new reserve currency. To make it palatable to the rest of the world it will be nominally attached to gold (whose inventory the banksters will be entrusted with). Along with this the banksters will promise to serve up the United States on a platter for swift destruction by initiating social and governmental collapse along with turning over the military secrets which will give China not only offensive advantage over our dying Republic but military supremacy over Russia and Germany as well.

      China = spellbound King Theoden

      IMF =Worm Tongue

      Rothschilds = Saruman

      Yahweh = Sauron

      Germany and the BRICS = Gandulf, Aragorn, Gimli and Legolas

      Who will win China’s soul? Germany and the BRICS with promises of a new global community based on goodwill and the end to debt and scarcity economics? Or the banksters with promises of a new era of Chinese global hegemony? I imagine the banksters are ratcheting up their blood rituals now to maintain their spell on the Chinese leadership. Maybe the devastating Christmas Tsunami a few years back was part of this?

      1. The banksters slowly lose their grip on the ‘One’ ring as the public wakes to chimera it really is.

        The infighting gross fragments of the ‘One’ ring remain within the beguiling enchantment of its grip, epitomized by the egotistical symbol of Gollum; residing in all hearts, will scratch and gouge each other’s eyes out by the seduction of the pinnacle, symbolized by the One ring, as they scramble to claim it.

        It is the trick of our little Hobbit to overcome the pull of its force, tossing the gross nature of the ‘One’ ring back into the molten pit from which it was forged….and Maat restored.

  4. Time has run out on the Anglo-American casino economy may we all survive it’s fall. Long overdue after the mess and misery they have spread around the world all these recent centuries.

  5. Does anyone not believe that most of the world, including Germany, is sick-to-death of the Americans and the arrogant Federal Reserve System? This is about the BRIC nations dumping the Federal Reserve “Debt” Note and who can blame them?

    The next Tetrad in 2014-2015 is an astronomical sign that means something. According to NASA: “When four consecutive lunar (moon) eclipses are all TOTAL eclipses, the group is known as a Tetrad.” Tetrads are uncommon astronomical events. There were Tetrads in the years 1949-1950, 1967-1968 and 2003-2004. War, War, War and more War?

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