What You Should Know About Special Drawing Rights (SDRs)

by Craig Wilson
Daily Reckoning

“When I started talking about SDRs in 2010” said best-selling author Jim Rickards, “most people thought that it stood for ‘Strawberry Daiquiri on the Rocks. Now, everybody seems to be talking about Special Drawing Rights…”

“Yet, very few people know what they are… How they work… Or what they mean for everyday Americans.”

According to Jim (who, if you don’t know – is a three-time best selling author that advises the U.S government on financial threats and was general counsel to one of the most influential hedge funds in history), these SDRs or new “World Money” as we like to call it, are going to affect ordinary people like you sooner than you might realize.

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