The IMF director mentions the RESET for the first time, and what she is saying is pretty clear:
“Reset in the area of monetary policies, a reset in the sense of accommodating monetary policies that will have to be reformulated, be moved either back to their old territories, be more traditional, or be of a different kind (i am sure central bankers will be able to comment on that).”
Starts at minute 9:11 (?) – she is clearly referring to the fact that the world monetary system will have to be restructured either base on a more traditional approach (gold based?) or be something completely new (bitcoin style?).
We believe it will be a combination of both !
http://www.weforum.org/sessions/summary/global-economic-outlook-2014
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