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Change the World's Reserve Currency?

Discussion in 'Preparedness & Survival' started by Provincial, Jan 8, 2016.

  1. Provincial

    Provincial Near Salem, OR Well-Known Member

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    Given the recent events in China, does anyone still think that the Yuan will replace the Dollar as the world's reserve currency anytime soon? :rolleyes:
     
  2. Medic!

    Medic! What just happened? Has eagle eyes. But cant remember what he saw. Bronze Supporter

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    I doubt the renminbi will replace the dollar any time soon.
    There not doing so good with there stock market. Or with growth projections.

    But were not either. So how knows what the future may bring? :s0092:
     
  3. Certaindeaf

    Certaindeaf SE Portland Well-Known Member

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    Everything is pegged to .22 rimfire ammo now.. welcome to the new world. lol
     
  4. erudne

    erudne The Pie Matrix PPL Say Sleeping W/Your Rifle Is A bad Thing? Bronze Supporter

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    The master plan is to crash ALL currencies, and supplant them with a 'new' currency which may be digital with printed dollars for remote areas which will be absorbed over the next 30 years, maybe less.
    In the end, possessing gold/silver will be punishable, just like under Wilson. Ask my Grand Dad, he kept his $20 Gold Piece, it was seized and he was threatened w/jail time (he had 9 children). Think about the power that gives a government!
     
  5. Martini_Up

    Martini_Up NW USA Well-Known Member

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    From what I've researched, so long as we continue to be one of the worlds major oil producers (thank you inventor of fracking) the world will continue to trade oil in $. So long as we're trading oil in $, the $ is all powerful.

    And the worlds reserve currency will NEVER be the Yuan. Ever.
     
  6. erudne

    erudne The Pie Matrix PPL Say Sleeping W/Your Rifle Is A bad Thing? Bronze Supporter

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    If oil drops to $20 it will destroy TX econ. and the TX econ. is what is supporting the US econ.
     
  7. ZA_Survivalist

    ZA_Survivalist Oregon AK's all day.

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    Metal bottle caps!
    Haha (fallout currency)
     
  8. Cortes

    Cortes Tualatin Active Member

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    The current plan seems to be a market basket of currencies. Don't know if that's just talk for the plebes or what the real plan is.

    The drop in oil prices is killing the US oil industry and the good paying jobs associated with it.