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World Paper Money


Best Stock 2010, Top Stocks 2009, Hot Stocks Market: Fed Begins …

Written by admin on March 29, 2009 – 11:03 pm -

“It comes as no great surprise,” comments colleague Chris Mayer, “that the value of our money has done nothing but depreciate over the years.” “So what are investors to do? “First off, buy things. View post:  Best Stock 2010, Top Stocks 2009, Hot Stocks Market: Fed Begins …  Read More →


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Believe in a Global Currency « The Policy Farm Team

Written by admin on March 29, 2009 – 9:41 pm -

The dollar’s status as the reserve currency is a liability not an asset to American security, world peace and development. On the long-run American interests are best served by a global reserve currency . … Read the original post: Believe in a Global Currency « The Policy Farm Team  Read More →


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Russia backs return to Gold Standard to solve financial crisis, page 1

Written by admin on March 29, 2009 – 9:35 pm -

Arkady Dvorkevich, the Kremlin’s chief economic adviser, said Russia would favour the inclusion of gold bullion in the basket-weighting of a new world currency based on Special Drawing Rights issued by the International Monetary Fund. … View original here: Russia backs return to Gold Standard to solve financial crisis, page 1  Read More →


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The Value of Money : Creative Change

Written by admin on March 29, 2009 – 9:30 pm -

So it’s not the bead, coin, paper or plastic that we love and protect, but the value these represent. Money is a construct of our human ability to agree on the worth of something – an object, experience or thought - that we desire to .. Read the original here:  The Value of Money : Creative Change  Read More →


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Safe Haven | China and the SDRs–I

Written by admin on March 29, 2009 – 8:43 pm -

These articles on Chinese proposals for the use of the fiat, paper SDRs as a new global reserve currency would please the plutocratic international bankers. View original here:  Safe Haven | China and the SDRs–I  Read More →


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Brad Setser: Follow the Money » Blog Archive » The PBoC’s call for …

Written by admin on March 29, 2009 – 10:44 am -

Last I checked, the dollar has somehow managed to maintain its position as the world ’s leading reserve currency even though United States’ contribution to the IMF (its quota) is measured in SDR. Indeed, the SDR – as the IMF explicitly recognizes … of any agreement on a new global currency . View original post here:  Brad Setser: Follow the Money » Blog Archive » The PBoC’s call for …  Read More →


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MERCATO LIBERO NEWS: The Road to Hell

Written by admin on March 29, 2009 – 4:38 am -

The outbreak of the current crisis and its spillover in the world have confronted us with a long-existing but still unanswered question, i.e., what kind of international reserve currency do we need to secure global financial stability and … The fact that the U.S. dollar is the reserve currency is not the basic flaw of the system Originally posted here: MERCATO LIBERO NEWS: The Road to Hell  Read More →


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Silverbids.com » Blog Archive » Paper gold: Nice idea, but…

Written by admin on March 29, 2009 – 12:36 am -

But a “ paper gold” standard might be one way out of the global financial crisis. Zhou Xiaochuan, governor of China’s central bank, has proposed shifting the world from its dependence on the US dollar to a new reserve currency managed by … Original post:  Silverbids.com » Blog Archive » Paper gold: Nice idea, but…  Read More →


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