United Nations Proposes New "Global Currency"
Submitted by Compelled on Mon, 09/14/2009 - 06:34
RussiaToday: September 8, 2009
http://www.youtube.com/watch?v=tGk49r6mThk
CBSNEWS: September 9, 2009
"The United Nations would like the dollar, euro, yen, and other national currencies to be succeeded by a new "global currency."
That recommendation appears in a U.N. report released this week, which suggests the dollar's outsize role in international finance has ended -- and says that it's time to invent a successor currency that would be managed by a "Global Reserve Bank."
Countries could "agree to exchange their own currencies for the new currency, so that the global currency would be backed by a basket of currencies of all the members," says the 218-page report from the U.N. Conference on Trade and Development."
Continue reading: http://www.cbsnews.com/blogs/2009/09/09/taking_liberties/entry5298305.shtml
Bump.
"In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Mises - www.mises.org
"In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Mises - www.mises.org, http://www.freedomshift.blogspot.com
One Bump
Just in case anyone missed it...