Is the Dollar Drawing Its Last Breath?

Perhaps a little alarmist, it’s probably a hoax video, but some underlying themes rate contemplation [Story Link].  The SDR as a replacement for the dollar, the huge increase in SDR reserves (1000%) [IMF Link].  I think that link is saying that the SDR will go from 21.4 to 204.1 billion between August 28th and September 9th of this year.  It is possible that they are only saying that it is making that increase since 1969, it’s just not that clear.

Anyone clear on of this is an indicator of more countries going to it as a reserve, or is SDE liquidity being increased for some other reason?

Related posts:

1. Conference Board Leading Economic Index Increases NEW YORK, Aug. 18, 2011 /PRNewswire/ —  The Conference Board Leading Economic Index® (LEI)for the U.S. increased 0.5 percent...
2. Newest Victim of the Obama Recession – The Tooth Fairy Visa inc. performed a survey on the current economic situation and discovered that no one,...
3. Medicare Premium Increase Means Trouble for Seniors, States and Workers A large portion of Medicare recipients and individual States should ready themselves for what should...
4. Highest Ever Gas Prices for January AURORA, Ill., Jan. 18, 2011 /PRNewswire/ — AAA Chicago’s most recent Fuel Gauge Report estimates...
5. For Every Dollar of Tax Increases – Reagan Awaits His Just Deserts The tax hike vs. spending debate is getting much attention in the media, but the...

Transparency Needed Into the Federal Reserve

Unemployment Suffers Under Big Government: Reagan Had The Answer