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An International Replacement for Treasury Notes Is Born
EconomicPolicyJournal.com ^

Posted on 07/01/2009 3:35:56 PM PDT by Kozman

Another major step in the demise of the dollar as the world's reserve currency has just taken place.

The Executive Board of the International Monetary Fund (IMF)has approved a framework today for the issuance of notes to member countries and their central banks. The notes will not be denominated in dollars, but in SDR's...

(Excerpt) Read more at economicpolicyjournal.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
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1 posted on 07/01/2009 3:35:56 PM PDT by Kozman
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To: Kozman

If the IMF can one day up and decide to issue currency, with nothing backing it other than their word, I believe I will do the same. Printing and design isn’t a problem. My money will bear Nick Saban’s face on it. But I haven’t come up with a name for it yet. Need suggestions.


2 posted on 07/01/2009 3:39:18 PM PDT by squidly
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To: squidly

“But I haven’t come up with a name for it yet. Need suggestions.”

Toilet paper!


3 posted on 07/01/2009 3:45:03 PM PDT by dalereed
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To: squidly
How about 'Pay to play' money, or 'funny' money.

That's the only money that I would trust that bunch of crooks in DC with.

4 posted on 07/01/2009 3:48:24 PM PDT by NRA2BFree (WE ARE COMING FOR YOU!!)
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To: squidly

Bozo bucks, with Obama in an orange wig.


5 posted on 07/01/2009 4:11:55 PM PDT by budwiesest (The truth is about to set us free. Won't that be nice?)
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To: Kozman
Hey, you suckas have fallen for it since 1913, why stop now?

More of the same BS, now in different colors!


6 posted on 07/01/2009 4:18:40 PM PDT by Costumed Vigilante (Congress: When a handful of evil morons just isn't enough)
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