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Russia Proposes New GLOBAL Currency

The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.

The International Monetary Fund should investigate the possible creation of a new reserve currency, widening the list of reserve currencies or using its already existing Special Drawing Rights, or SDRs, as a "superreserve currency accepted by the whole of the international community," the Kremlin said in a statement issued on its web site.

The SDR is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries.

The Kremlin has persistently criticized the dollar's status as the dominant global reserve currency and has lowered its own dollar holdings in the last few years. Both President Dmitry Medvedev and Prime Minister Vladimir Putin have repeatedly called for the ruble to be used as a regional reserve currency, although the idea has received little support outside of Russia.

http://drudgereport.com/

http://www.themoscowtimes.com/article/600/42/375364.htm

http://in.reuters.com/article/asiaCompanyAndMarkets/idINLG32...

Wow... didn't Dr. Paul predict that someone would try and propose this along with a global Central Bank/global regulation?

Just as the national debt hits $11 trillion.

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Who are we going to bail out then ?

(2021) IMF to world ....sorry we printed too much global currency to bail out our rich friends again. Another global depression ensues, nobody is responsible but you surfs for causing it.

Rothschilds Conduct "Red Symphony"
http://www.henrymakow.com/000275.html

____

"Take hold of the future or the future will take hold of you." -- Patrick Dixon

bump

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According to Eustice Mullins

The US has been funding the Russian government for 100 and the American people just didn't know about it.

http://video.google.com/videoplay?docid=-7644857907453201814...

President Nazarbayev as well.

here is my vid on the subject
http://www.youtube.com/watch?v=G_fDx2bHUKs

Does my burka make my butt look fatwa?

Does my burka make my butt look fatwa?

does the link to the

does the link to the original article work for anyone else?

OK, I think I fixed it...

OK, I think I fixed it...