written by reader IMF creating global currency called Sdr imfcoim.

By Izzill, April 28, 2021

Hello everyone can you guys share ya thoughts on this

https://www.investopedia.com/news/imf-chief-suggests-imfcoin-cryptocurrency-possibility/

https://link.medium.com/Hdr778lJPfb

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Inline Feedbacks
View all comments
Travis Johnson, Stock Gumshoe
April 28, 2021 9:13 pm

I agree that we’ll generally see currencies decline in value/purchasing power for the next few decades, as has been the case for the past 90 years or so .

I’m not at all worried about the SDR, though. That has been held out as a “global elites destroy the dollar through nefarious means” bogeyman for the last 10-15 years, and I think those stories are mostly conspiratorial fearmongering. Wrote about it some here: https://www.stockgumshoe.com/reviews/the-casey-report/caseys-dangerous-imf-agenda-to-reset-the-u-s-dollar/

I worry about plenty of things, and agree that inflation is likely to be a problem over time and owning hard assets and companies with pricing power will be important… but I don’t worry about the SDR.

Add a Topic
6266
Add a Topic
717
👍 17820

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info