Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Shocking New IMF Report: The U.S. Dollar Needs To Be Replaced As The World Reserve Currency
The Economic Collapse ^ | 02/11/2011 | Michael Snyder

Posted on 02/11/2011 10:08:27 AM PST by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-42 next last

1 posted on 02/11/2011 10:08:28 AM PST by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

So they are proposing a virutal currency for ... virtual currencies? And this is supposed to be better how?


2 posted on 02/11/2011 10:10:58 AM PST by taxcontrol
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Look for Barry Soetoro and his good pals in the GOP to fully embrace these moves to dump the dollar and elevate SDRs as a stepping stone toward a one world currency.


3 posted on 02/11/2011 10:12:49 AM PST by Roninf5-1 (If ignorance is bliss why are so many Americans on anti-depressants?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

The American people need to send a very clear message to their representatives in Washington D.C.....

#1 We do not want a one-world economy.

We are already there pretty much.

#2 We do not want a one-world currency.

That might solve a lot of problems, especially spend thrift governments like ours.

#3 We do not want a one-world central bank.

Central banks are never good at any level, but I don’t see a way out of this.


4 posted on 02/11/2011 10:13:30 AM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Nathan Rothschild once said something along the lines of ‘he who controls the supply of money, controls the government’. Make no mistake, this is the first step towards implementing a sovereign world government.
This would be the ultimate in state-controlled monopolies, governed in the interests of a bubble dwelling elite, at the expense of everyone else.
I’m not suprised that the Frenchman advocating this has a background as a socialist politician....


5 posted on 02/11/2011 10:15:57 AM PST by sinsofsolarempirefan
[ Post Reply | Private Reply | To 1 | View Replies]

To: taxcontrol

to make things really easy, they should put some number on everyone’s wrist or forehead to scan in order to make purchases.


6 posted on 02/11/2011 10:19:25 AM PST by MNDude
[ Post Reply | Private Reply | To 2 | View Replies]

To: taxcontrol
So they are proposing a virutal currency for ... virtual currencies? And this is supposed to be better how?

i.e. fiat2 currency.

7 posted on 02/11/2011 10:20:05 AM PST by central_va (I won't be reconstructed, and I do not give a damn.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind
If we ever allow a world currency to start replacing the U.S. dollar to a large extent, we will lose a great deal of our economic sovereignty.

That's not our choice to make. The U.S. Dollar became the defacto world currency, by being the most secure. Since our leaders have been abusing this status, other nations have been forced to look for alternatives.

8 posted on 02/11/2011 10:21:59 AM PST by 3niner (When Obama succeeds, America fails.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AngieGal

ping


9 posted on 02/11/2011 10:22:24 AM PST by PetroniusMaximus
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Just wait until the dollar is no longer the default oil-purchasing currency. When this happens, things will never be the same.


10 posted on 02/11/2011 10:22:27 AM PST by AD from SpringBay (We deserve the government we allow.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sinsofsolarempirefan

Two steps forward, one step back...while we argue about budgets, the infrastructure for one-world government is being assembled piece by piece.

We are being made to feel that there is a two-party system, when it is really a family feud over the check book while Grampa sells the farm to the bank.

Who is John Galt?


11 posted on 02/11/2011 10:22:30 AM PST by LachlanMinnesota (Which are you? A producer, a looter, or a moocher of wealth?)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Bullish; CJ Wolf; houeto; Quix; B4Ranch; Whenifhow; Silentgypsy; blam; FromLori; SirLurkedalot; ...
Soros-Dollars ping.

"Economic Holocaust" ping.

Increasing volume ping list watching the slow motion Economic Holocaust.

FReepmail me if you want on or off
The Comedian's "Economic Holocaust" ping list...


Today is a good day to die.
I didn't say for whom.

12 posted on 02/11/2011 10:27:22 AM PST by The Comedian ("Cry flummox and let loose the camels of war." - Truth29)
[ Post Reply | Private Reply | To 1 | View Replies]

To: taxcontrol
So they are proposing a virutal currency for ... virtual currencies?

"Virtual currency" is probably not the best term, a "basket of currencies" would be more accurate.

And this is supposed to be better how?

Diversification and more stability. Other nations are becoming concerned that the U.S. Dollar will see high inflation. Of course this could happen to the other currencies also, but it's less likely to happen to all of them, or even most of them.

13 posted on 02/11/2011 10:27:26 AM PST by 3niner (When Obama succeeds, America fails.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind
Russian President Dmitry Medvedev has publicly called for the national currencies of Brazil, Russia, India and China to be included in the SDR.

Makes sense, these are all economies which have become stronger in recent years. In fact, a term has been introduced for the purpose of referring to them collectively.

14 posted on 02/11/2011 10:31:33 AM PST by 3niner (When Obama succeeds, America fails.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

So they’re attempting to go to a one world economy, currency and government? There’s something familiar about that....

Rev 13:17 KJV - “[17] And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”

Color me surprised. /sarc


15 posted on 02/11/2011 10:37:56 AM PST by paladin1_dcs
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

This international concern has also contributed to recent rises in precious metal prices. It is becoming easier to trade precious metals through ETFs. There is even a new ETF that holds a basket of precious metals (GLTR, which represents gold, silver, platinum, and palladium).


16 posted on 02/11/2011 10:43:22 AM PST by 3niner (When Obama succeeds, America fails.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Roninf5-1
And it will be an EMERGENCY, doncha know?

Emergency = TARP

Emergency = Stimulus

Emergency = Global Warming

Emergency = Health Care

Emergency = Social Security overhaul

Emergency = ??????? whatever they are selling today.

Seems the sky is always falling, and I don't have one of Obamas umbrella's.

17 posted on 02/11/2011 10:50:16 AM PST by annieokie
[ Post Reply | Private Reply | To 3 | View Replies]

To: SeekAndFind

bttt


18 posted on 02/11/2011 10:54:40 AM PST by Pagey (B. Hussein Obama has no experience running anything, except his pedestrian mouth.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Comedian

KEEL HAUL THE WHOLE CREW FOR TREASON.


19 posted on 02/11/2011 11:11:23 AM PST by Quix (Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
[ Post Reply | Private Reply | To 12 | View Replies]

To: annieokie

Except we really do need to overhaul social security...


20 posted on 02/11/2011 11:15:28 AM PST by Wayne07
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-42 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson