Money & The Economy

Is the Dollar Drawing Its Last Breath?

Perhaps a little alarmist, it’s probably a hoax video, but some underlying themes rate contemplation [Story Link].  The SDR as a replacement for the dollar, the huge increase in SDR reserves (1000%) [IMF Link].  I think that link is saying that the SDR will go from 21.4 to 204.1 billion between August 28th and September 9th of this year.  It is possible that they are only saying that it is making that increase since 1969, it’s just not that clear.

Anyone clear on of this is an indicator of more countries going to it as a reserve, or is SDE liquidity being increased for some other reason?

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Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and

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