Change the World's Reserve Currency?

[Provincial]

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?

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[Medic!]

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?

 

[Certaindeaf]

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

 

[erudne]

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!

 

[Martini_Up]

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.

 

[erudne]

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

 

[ZA_Survivalist]

Metal bottle caps!
Haha (fallout currency)

 

[Cortes]

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.