But first, a quick tangent: the reason we say Carney's speech was shocking is not for what it proposes - after all, we have long argued that a world in which the dollar's reserve currency status would be stripped away by the establishment and granted to some alternative - whether gold, or a basket of currencies like the IMF's SDR, or a cryptocurrency like bitcoin - is coming in posts such as:

"Game Changer" - Is Libra The Trojan Horse For An SDR-Backed Redesign Of The Global Financial System?

Did The IMF Reveal That Cryptocurrency Is The New World Order End-Game?

Bank Of England Boss: China's Renminbi Will Rival The Dollar As Global Reserve Currency