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 ...
Well, that’s good news! < sarcasm > The only organization that is more incompetent than our Congress is the UN. When either one of them is in session, we are in real danger!
Let’s see the U.S. currently pays for about 25% of the UN’s bubget. Since our currency is worthless in their eyes, we should stop immediately giving them any financial support. Next, since they insist on trying to override our Constitution, they should be expelled ansd we should withdraw. People who want to deal with us will, those that don’t won’t. We’re still 25% or so of the world’s GDP. That matters more than a bunch of oneworld assholes trying to undermine this nation in NYC.
There already IS a world-wide currency and it’s been around for centuries.
It’s called GOLD.
These liberals are idiots to say the least.
el peso Obamo? muncho money for the world!
I think Michael Savage had the right idea about the UN. He basically said to turn it into a giant homeless shelter. That way, you get two sets of bums off the streets of New York.
A computer chip in the right hand or forehead, so that no man, rich and poor, free or bond, would be able to buy or sell without it.
That way, all the worlds wealth can be monitored and shared equally. And just think, one man would be able to control it all, and therefore control who lives and who dies, with one click of a mouse.
Expect it in 1217. That's their target date.
I apologize. That's 2017 according to Rockefeller (WND).
How bout all the people who have been saying Ron Paul is akook. Ha Ha. Who are the Kooks now!
Dear Quix,
I humbly apologize for doubting that rumor that on August 24, 2009, American banks would shut down temporarily to begin converting American dollars to the new UN currency.
It appears the only reason they didn’t, was that it wasn’t ready yet.
Love,
Laz
Look, LazSpaz,
You have your . . . interesting role to play
and I have my whatever role to play.
I’m skeptical that apologies, satirical or not,
are part of the script.
On another note . . . who knows when the genocidal traitors from hell will get around to implementing the global fiat currency.
Perhaps after insuring that everyone is as destitute and hungry as they can make them.
Gold (GCU09) topped $1000 today, briefly...
just sayin’
Thanks. Good overview!
Get out your magnifying glass and a dollar bill and have some fun. There is indeed a lot of amazing symbolism and numerology, much of it from Clandestine Luciferian Masonic (CLuM) or perhaps Rosicrucian, on this Federal Reserve Note but finds the magical number 33 in several places on the dollar bill, which corresponds with the number of years Jesus is said to have lived on Earth.
There are 55 dots and 25 lines in the "glory" surrounding the "constellation" over the eagle on the obverse. I have yet to expound on the numerological significance to CLuMs for the numbers 55 and 25, but I will. The constellation Lyra, the Lyre, (the LIAR?) found on the bill represents America; since Lyra in fact has 10 stars, and as a JudeoChristian nation we are bound by 10 Commandments. The old Latin motto was properly "Ex pluribus unum," which was modified to the less usual usage of "E pluribus unum" to achieve the count of 13 letters in the motto (13 being an important CLuM number); similarly "Novus ordo saeclorum" was modified to the less usual "Novus ordo seclorum" to achieve the count of 17 letters for similar Luciferian numerological reasons. There 33 words or groups of numbers on the obverse, and that there are nine "units" to the large word "ONE" with 11 shadow units, numerologically significant numbers. What makes this convincing to me is the fact that the two smallest shadow units are totally unnecessary to the artistic design, in fact they are obtrusive once you notice them (they look a bit like apostrophes, and you would probably not notice them if you were not looking for them), so they have to have been deliberately planted into the pattern. (It is too bad the designer of the 1935 dollar bill, Edward M. Weeks, evidently never set forth in writing the symbolism he went to such lengths to put into his product.) The letters USA appear on the back of the dollar bill 26 times; what he means is that the letters U, S and A taken separately appear 26 times in total. "THE UNITED STATES OF AMERICA ONE DOLLAR" has 37 letters, which does have a numerological significance. Then there is the business of the pyramid; there are 202 surviving courses in the Great Pyramid of Gizeh (said to be the model for the pyramid on the dollar bill). Seven more courses, at the top, including the capstone, are missing or fragmentary, whatever that means. That would make 209 courses total in the intact pyramid. But some say it was 221. Be that as it may (a topic for future investigation?), the highest surviving course is "nine massy stones" plus "two that are wanting at the angles" or 11 stones. THIS IS CLEARLY A REFERENCE TO THE terrorist incidents of 9-11-2001!!!!
Seriously, for a second: I don’t think there’s a person alive who’s doing more serious research than me.
I thought the millenium goals crap is 2015?
Thanks for your kind words.
Goodness
. . . working overtime, again, I see!
I’ll trust your scholarship in that area any day.
Just don’t let it get out that I do!
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