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Jim Rickards: The 'great reset' is here

Section: Daily Dispatches

By James G. Rickards
Daily Reckoning, Baltimore
Tuesday, June 15, 2021

For years currency analysts (myself included) have looked for signs of an international monetary "reset" that would diminish the dollar's role as the leading reserve currency and replace it with a substitute, which would be agreed upon at some Bretton Woods-style monetary conference.

Now it looks like the move toward the long-expected Great Reset is accelerating.

... Dispatch continues below ...


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At the recent G7 summit in the United Kingdom, G7 leaders gave their blessings to a $100 billion allocation of International Monetary Fund special drawing rights (SDRs) to help lower-income countries address the COVID-19 crisis. ...

... For the remainder of the analysis:

https://dailyreckoning.com/the-great-reset-is-here-2/

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