Post #44 Coming reset of the international monetary system
Refer to post #2 #3 #6 #10 #27 # 28A # 28B
What will be new monetary system?
Gold
Cashless [no more paper money]
CBDC
IMF SDR
Ripple ODL / XRP
DLT – distributed ledger technology / blockchain
Download and read the PDF book.
https://drive.google.com/file/d/1bgxM9jpLmuxv_q_HDdWCfyF59kGKJBh8/view
Key explanations
What is CBDC? Central bank digital currency. It is the digital form of fiat paper money established by the ruling government. Digital money is NOT electronic money. Digital money runs on blockchain technology or distributed ledger technology [DLT].
What is IMF? International Monetary Fund. The IMF’s fundamental mission is to ensure the stability of the international monetary system.
What is SDR? Special drawing rights. SDR was created in 1969 as a supplementary international reserve asset in the context of the Bretton Woods fixed exchange rate system.