chump change but we are broke and jobless but we'll get free healthcare at the risk of Hitler0bama the false messiah and the anti-christ ruling.
Posted on 09/08/2009 7:46:38 AM PDT by Rennes Templar
In a radical report, the UN Conference on Trade and Development (UNCTAD) has said the system of currencies and capital rules which binds the world economy is not working properly, and was largely responsible for the financial and economic crises.
-snip-
"Replacing the dollar with an artificial currency would solve some of the problems related to the potential of countries running large deficits and would help stability," said Detlef Kotte, one of the report's authors. "But you will also need a system of managed exchange rates. Countries should keep real exchange rates [adjusted for inflation] stable. Central banks would have to intervene and if not they would have to be told to do so by a multilateral institution such as the International Monetary Fund."
The proposals, included in UNCTAD's annual Trade and Development Report , amount to the most radical suggestions for redesigning the global monetary system.
Although many economists have pointed out that the economic crisis owed more to the malfunctioning of the post-Bretton Woods system, until now no major institution, including the G20 , has come up with an alternative.
(Excerpt) Read more at telegraph.co.uk ...
shut up. Don’t give them any ideas.
The American voter pulling their heads out of their butts when they voter would work also.
I threw up a little.
see post #’s 24 and 25
Thx. will do.
“Lately all those “wacky, nut job conspiracy theories” of old seem to be coming true!
Damn...they were right after all.
Nuts, indeed.”
Indeed. It’s been about 8 months since anyone accused someone of wearing the ‘tin foil’ hat.
Has it really been that long?
I’d guess that if someone hasn’t called
me
that, then they haven’t called anyone that hereon.
LOL.
Thx.
INDEED.
They can also read the quotes of our traitorous leaders from 1900 on in the link ref’d in my tagline:
http://www.freerepublic.com/focus/religion/2130557/posts?page=81#81
dollar become a hot potato?
Since when did hot potatoes become toilet paper?
The communist-inspired U.N. is plotting our downfall like vultures circling a corpse.
END TIMES “D” LEVEL PING LIST PING
chump change but we are broke and jobless but we'll get free healthcare at the risk of Hitler0bama the false messiah and the anti-christ ruling.
And to think folks that warned/spoke of this (GLOBAL U.N. COMMUNIST CONTROL/NWO/GLOBALIZATION) were called whacko conspiracy theorists.
Alert: China to Issue Renminbi Bonds Internationally
It’s only a first step but, this is big. A new player has entered the ring to compete against the dollar and Treasury securities.
China’s finance ministry said China will issue Rmb6bn ($879m) of bonds in Hong Kong on September 28, in a move to “improve the international status” of the currency and to help mainland companies raise funds in the offshore bond market, according to FT.
http://www.economicpolicyjournal.com/2009/09/alert-china-to-issue-renminbi-bonds.html
And some were banned for giving such a warning.
Hmmmmmmmmmmmmm
things that go
KLUNK!
in the daylight.
since Bam has the dollar on a downward spiral where it’s value will soon approximate that of a Grape Nehi bottle cap, who can really blame them?
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