M.C. Laubscher Discusses A New World Reserve Currency

In Episode 036 , we discussed how the monetary system changes every 30-40 years and looked at possible contenders that could unseat the US Dollar as the new world reserve currency. Special Drawing Rights (SDR's) issued by the International Monetary Fund is the strongest contender alongside the Chinese Yuan to unseat the US Dollar as the world's reserve currency.Show more

Since we published Episode 036, there have been several developments regarding the SDR that I cover in today's episode.

I talk about SDR-denominated bonds being issued in China and the G20 meeting that was held the 4-5 of September in Hangzhou, China.

M.C. Laubscher is the President and Chief Executive Officer of Producers Wealth and the creator & host of the top-rated business, investing and business podcast, Cashflow Ninja.

M.C. has created a system for investors, entrepreneurs, business owners and professionals to create, protect, and multiply their wealth in ANY Economy and Outside of Wall Street.

In the Cashflow Ninja podcast, M.C. and his guests share how to create income streams in the new economy and information age. They look at real estate, businesses, paper assets, commodities like gold, silver and oil, and also crypto and blockchain assets.

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