Chinese central banker: “Renminbi will become reserve currency”

May 21, 2014

Sovereign Valley Farm, Chile

Busy day today… one of those days that reminds me how fast things are moving, and how quickly this version of our monetary system is being reset.

Out of Beijing, Chinese financial magazine Caijing has reported that the vice president of China’s central bank Pan Gongsheng made some rather candid remarks about the dollar and renminbi at a recent monetary seminar.

read more via Chinese central banker: “Renminbi will become reserve currency”.