China's Yuan Reserve Currency Plot to Depose Dollar Dates Back Years

China has long-planned for a yuan reserve currency to undermine the U.S. dollar. The People's Bank of China (PBOC) made its first move as far back in 1994 - more than 20 years ago. And the years of planning have paid off. We're only a year away from a yuan reserve currency now. Here's why this economic shock will send the U.S. economy into a Great Depression... Tags: china yuan , china yuan devaluation , reserve currency , reserve currency status , U.S. Dollar , Yuan currency , yuan devaluation , Yuan Reserve currency , yuan reserve currency status To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post China's Yuan Reserve Currency Plot to Depose Dollar Dates Back Years appeared first on Money Morning - We Make Investing Profitable .