. >> and then the next and last item is a drought update, ben levine >> good afternoon, commissioners, ellen levine, steve richie is traveling for business so i will be giving the drought update today. the first slide you are looking at is the top 14 lowest per capita consumers in the bay area. you will note that of the 14, 12 of them are within our service area with very low per capitas for the month of january. this is starting out with some very good news. next you will look at our reservoir storage levels. i think interesting to note here, this time last year hetch hetchy was at about 59 percent of maximum storage capacity. i think what is even more interesting to note is the total system storage without water bank so that's the usable amount of water was at 61.9 percent this time last year and we're at 66.4, so we have more available water to deliver to

. >> and just underscoring a point that ben made, andy levin's paper, andy's going to be on the next panel, goes into a lot of depth on the points that were just made. let's see is there anyone way in the back there? okay, person waving your paper other there. >> the chinese have made a concerted effort in the last two or three years to establish the u.n. as a more prominent currency. they've got the sdr thing going on, they've got a number of other moves they're making including the other investment bank. do you agree that having that currency as an additional reserve currency would be good for the world economy or do you think that would be bad for the world economy and how do you think their effort to establish that as a reserve currency will affect the euro? thank you. >> well, i think that in order for this to be a reserve currency there's a lot more work to be done to liberalize the foreign exchange regime, to make it a floating exchange rate, to make it fully convertible, etc. i think those would all be positive things for the world and for china and i hope they'll continue to