Christianity · economics · End times · politics

As socialism increases globally, so will the power of the yuan

Since the U.S. economy and the economies of Europe continue to show a lack of vibrant recovery, as orchestrated by New World Order (NWO) organizations, the Chinese are increasing their efforts to make their yuan, or renminbi, a global currency to be reckoned with.  A financial adviser to the People’s Bank of China reported this past Friday that he believes the yuan will move beyond circulation among China’s Asian neighbors to be a full-blown international currency within the next five to 10 years.

China has therefore set two goals: (1) decrease dramatically the reliance on the U.S. dollar since the dollar’s reliability is not what it once was with the instability of U.S. markets in recent years, and (2) promote the yuan as an additional major global currency that will stabilize world markets by allowing investors an alternative to the weakened currencies of the euro and dollar.

Li Daokui, that financial adviser, states, “It’s ironic, isn’t it? The U.S. is the epicentre of the global financial crisis, but the U.S. dollar is the monetary safe haven. The country is having much more financial trouble than China, or even Russia, but we put our money there. By having an international currency, China is helping itself by helping the world.”  Or, to put it in more blatantly honest terms, China is helping itself by helping strengthen the plans of the New World Order.

However, the yuan still has several roadblocks to navigate, such as how the Chinese will relinquish their stringent control of the artificially deflated value of their currency.

And to show they are serious about their aims, the Chinese government since 2009 has dumped 97% of its ownership in short-term U.S. treasury bills that fund our nation’s debt over a period of one year or less.  Since October 2010, the Chinese have also started decreasing their holdings in the longer-term U.S. treasury securities. This means the U.S. government will have to convert their U.S. treasury bills into the U.S. treasury securities, giving our national debt a higher annual interest rate.

So the policies of the NWO are forging ahead and the people of the world, who are brainwashed by the socialist leanings of the secular media, educational systems, and governments, are embracing the changes under the false belief their lives will improve.  Meanwhile, those of us who have unwavering faith in our Lord Jesus Christ know that these are the signs that our blessed hope, the rapture and subsequent rule of our Lord on Earth, is drawing closer and closer.

“…knowing the time, that now it is high time to awake out of sleep: for now is our salvation nearer than when we believed.  The night is far spent, the day is at hand: let us therefore cast off the works of darkness, and let us put on the armour of light.” [Romans 13:11-12]


Mark McKinnon, Yuan expected to become major world currency, The Globe and Mail, Friday, June 3, 2011.

Terrence P. Jeffrey, China has divested 97 percent of its holdings in U.S. treasury bills,, Friday, June 3, 2011.

–posted by Harry A. Gaylord–


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