What is an SDR

It is something that has been discussed and closely connected with the global economical collapse or global depression. It had been raised in numerous interviews on mainstream news and on social media by Jim Rickards - Lawyer and author and has published several books about the economy and the death of the dollar.

Sorry mot plugging him just referencing where I heard about SDR's.

SDR - Special Drawing Rights

The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. As of March 2016, 204.1 billion SDRs (equivalent to about $285 billion) had been created and allocated to members. SDRs can be exchanged for freely usable currencies.21 Apr 2017

Special Drawing Right SDR - IMF
www.imf.org › external › exr › facts › sdr

It has been discussed that this will be the world reserve currency which will replace all the failed world fiat currencies - the Euro, Yen, Pound Sterling, Yuan and the Dollar. The Dollar is seen and is the strongest of the fiat currencies due to its global domination - due to its Petro Dollar status.

However, a close eye must be focused on the Yuan as they have been stock piling gold and purchasing gold mines and positioning themselves with gold backed currency that would provide confidence in trade and commerce that it is back by gold and it is safe.

I digress. SDR's will be creatrd by IMF - the International Monetary Fund as the saviour of the global system after the collapse providing an International one world currency throught the SDR.

This will impact on us all.

This is worth looking into and discussing...

Peace

The Collapse is here...here to a new start