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China Calls for One World Currency - The IMF Special Drawing Right …

Written by admin on March 23, 2009 – 9:09 pm -

“China yesterday threw down a challenge to America’s 50-year dominance of the global economy as it proposed replacing the dollar as the world ’s main reserve currency with a new global system under the control of the International Monetary Fund. .. See the original post here:  China Calls for One World Currency - The IMF Special Drawing Right …  Read More →


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Weekly World: Global Currency?

Written by admin on March 23, 2009 – 8:28 pm -

BEIJING — China called for the creation of a new currency to eventually replace the dollar as the world’s standard, proposing a sweeping overhaul of global finance that reflects developing nations’ growing unhappiness with the U.S. … Mexico retaliated by imposing duties on $2.4 billion worth of American goods — everything from pencils to toilet paper . Originally posted here:  Weekly World: Global Currency?  Read More →


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Kanchib's Korner: Show me the money - 2

Written by admin on March 23, 2009 – 4:45 pm -

Enter the Federal Reserve (the institution that, among other things, is entrusted with keeping an eye on the cash flow in the country) steps in and PRINTS those trillions of dollars in paper money . .. See more here: Kanchib's Korner: Show me the money - 2  Read More →


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China Voices Support For New Global Currency To Replace Dollar …

Written by admin on March 23, 2009 – 11:09 am -

China has expressed support for Russia’s proposal to hand the IMF the power to create a new supra-national global currency in response to the call for an alternative to the U.S. dollar as the world reserve currency . … Here is the original post: China Voices Support For New Global Currency To Replace Dollar …  Read More →


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Long Thought of the Day March 23 | Liberty 4 Us - Giving Liberty A …

Written by admin on March 23, 2009 – 10:11 am -

… View original post here:  Long Thought of the Day March 23 | Liberty 4 Us - Giving Liberty A …  Read More →


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The global economic crisis isn’t about money - it’s about power …

Written by admin on March 23, 2009 – 8:53 am -

Phil Gramm — a grinning, laissez-faire ideologue from Texas — had finished engineering the most dramatic deregulation of the financial industry since Emperor Hien Tsung invented paper money in 806 A.D. The rest is here: The global economic crisis isn’t about money - it’s about power …  Read More →


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King Lud IC: Get Ready For A Global Currency

Written by admin on March 23, 2009 – 6:19 am -

MOSCOW — China and other emerging nations back Russia’s call for a discussion on how to replace the dollar as the world’s primary reserve currency , a senior Russian government source said on Thursday. … The source said the Chinese paper envisaged the International Monetary Fund’s Special Drawing Rights (SDRs) being first assigned a role of a clearing currency on some transactions and then gradually becoming the main global reserve currency See more here: King Lud IC: Get Ready For A Global Currency  Read More →


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Talks About Global Currency Gain Traction | EconomicsJunkie.com

Written by admin on March 23, 2009 – 12:03 am -

A global currency would aggravate all the disastrous effects of national central banking enormously. There can’t be any doubt that the idea is nontheless becoming more and more palatable to world leaders Read the original here: Talks About Global Currency Gain Traction | EconomicsJunkie.com  Read More →


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Talks About Global Currency Gain Traction | EconomicsJunkie.com

Written by admin on March 23, 2009 – 12:03 am -

A global currency would aggravate all the disastrous effects of national central banking enormously. More here:  Talks About Global Currency Gain Traction | EconomicsJunkie.com  Read More →


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