At G20, Kremlin to Pitch New Currency

The Moscow Times ^

[Scythian]

"There was a situation that resembled what they are talking about. It was called the gold standard, and it ended very badly.

Wonder what is meant by that statement?

[rabscuttle385]

*Ping!*

[sourcery]

"There was a situation that resembled what they are talking about. It was called the gold standard, and it ended very badly."

That's a lie, with nothing whatsoever to back it up.

[Scythian]

Ya, I agree, it caught my attention right away. You know, it’s amazing to sit back and watch all this unfold. No wonder the Lord could tell us the future and still have it come true, it’s beyond description.

[BfloGuy]

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.

Indeed, it has. Mostly to prop up the collapsing ruble.

[razorback-bert]

Columbia University professor Robert Mundell, who was awarded the Nobel Prize in 1999 for his role in creating the euro.

Columbia + Nobel + Euro= leftist pipe dreams

[wiseprince]

Hillary’s reply: Tough but fair

[angelcindy]

AGAIN WITH THIS NEW WORLD ORDER!!! we must all say no to this

[null and void]

Kazakh President Nursultan Nazarbayev proposed a global currency called the "acmetal" -- a conflation of the words "acme" and "capital."

[FightThePower!]

Its only a matter of time before there is a global currency. We have treated our dollar like trash so it is becoming trash. Obviously other countries would like something other than the dollar standard. I can hardly blame them.

[FightThePower!]

We won't have a choice but to accept this. Other countries will eventually stop accepting our dollars. Other countries are on to the fact that we are printing so much money that it becomes worthless.

[mamelukesabre]

You’re right. They want to ruin their own worthless currency.

[drypowder]

What’s that they say about a camel’s nose in the tent? This is somewhat of a no brainer. Monetary policies are known to be used as control mechanisms thus a one world currency is necessary in a one world government. Considering how entwined the world economy already is simply means that the New World Order, to a huge degree, and like it or not, already exists. Final touches are forth coming. Although I could be wrong but then again I could be right.

[ken21]

this issue would not come up

if the u.s. congress and financial community

had acted responsibly.

[Pelham]

“Wonder what is meant by that statement?”

The Great Depression marked an end for the classical gold standard. Britain and most European countries abandoned the gold standard in 1931.

[Pelham]

“Columbia + Nobel + Euro= leftist pipe dreams “

You clearly know nothing of Robert Mundell. His work in supply side economics was a major influence on Ronald Reagan.

http://www.robertmundell.net/NobelLecture/nobel5.asp

[SunkenCiv]

Russia proposes creation of global super-reserve currency
ITAR-TASS | 16 Mar 2009 | Itar-Tass
Posted on 03/16/2009 1:16:05 PM PDT by BGHater
http://www.freerepublic.com/focus/f-news/2207747/posts

[GeronL]

One World Money system

[Thunder90]

Just say no to the Soviet Comintern and their new “Currency”...