Tag Archives: de-dollarization

Global De-Dollarization Continues as China Readies SWIFT Alternative

Reuters is reporting today that China’s International Payment System or CIPS is ready for use and could be launched as soon as September or October of this year. The system will be utilized as an alternative to the SWIFT payment system (Society … Continue reading

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Currency Wars Intensify; China Declares Renminbi the “New World Currency”

Day by day, the currency wars continue to heat up. With the European Central Bank’s Quantitative Easing program now underway and the end of the euro in sight, many other countries around the world have joined the race to the … Continue reading

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