How and Why China Delayed IMF Reforms Through Republican Party Donations
By JC Collins
In March of 2009 the People’s Bank of China Governor Zhou Xiaochuan called for a reform of the international monetary system. Among the initiatives called for by Zhou was the creation of an international reserve currency which would be disconnected from any individual nations currency, and would remain stable by removing the deficiencies inherit in using credit based national currencies.
Source: http://philosophyofmetrics.com/2014/11/25/the-tail-of-the-dragon/
