The future of the dollar was one of several subjects debated at the G8 summit Posted on 09/24/2009 10:28:25 AM PDT by Nikas777
Russian President Dmitry Medvedev pulls new world currency from his pocket
Russia's President, Dmitry Medvedev, pulled the world's new currency from his pocket at the meeting of G8 leaders in the Italian city of Aquila.
4:38PM BST 10 Jul 2009
The future of the dollar was one of several subjects debated at the G8 summit
Mr Medvedev, who has been seeking ways to displace the dollar as the world's dominant reserve currency, produced a sample coin of what he described as a 'united future world currency'.
“Here it is,” Mr Medvedev said, according to Bloomberg. “You can see it and touch it.” The coin, which was minted in Belgium, was presented to all the G8 leaders attending the summit and bears the words 'unity in diversity.'
The possibility of a supranational currency “concerns everyone now, even the mints,” Mr Medvedev said. The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.” Russia, alongside China and India, have all questioned the dollar's future as a global reserve currency - a status it has enjoyed since inheriting it from sterling last century.
(Excerpt) Read more at telegraph.co.uk ...
Do you really think there's anything left in there now?
It has been many years since there was any kind of independant audit of 'our' gold.
No problem. It’s a different source, so technically, not a double posting.
In addition to FR’s search, if you use Google, try adding your search word(s) or phrases followed exactly by
site:www.freerepublic.com
That limits you search only to FR.
Example:
gold coin Dmitry medvedev site:www.freerepublic.com
I don’t think it would be possible to empty the vaults in secret. I absolutely unequivocally believe that the Fort Knox depository contains about 147 million ounces of gold. If we adopt a gold backed currency, that will change as will many other things.
Don’t shoot the Russian messenger. I think the Russians being outsiders in the G8 felt like spreading mischief and the President held a news conference. The G7 leaders were mum on the subject so technically we owe the Russians for spilling the beans even if by accident.
I don't think this is currency like that. This would be currency between nations. In other words the value of money would be pegged to this currency. 1 dollar would be worth .75 world currency dollars for example.
If I am understanding the workings of this that is.
Beats me, I’m certainly not a global economist or a financial whiz.
CBS did not report that the POTUS is already in posession of this new global currency
http://www.futureworldcurrency.com/Documents.asp?DocumentAreaID=44&DocumentID=209
nor how 0bama plans to implement it into introduction to our nation.
http://www.cbsnews.com/blogs/2009/09/09/taking_liberties/entry5298305.shtml
So unless someone else can explain differently. I am left with nothing but these facts and common sense to think that 0bama is purposefully allowing certain things to happen i e... (doing nothing but spend money while our economy tanks)and implementing complete government take-over of everything (complete with a new national ID card in the 0bamaCare bill) so we will have no other choice but for his CHANGE.
Here is the last pitch before they hit us with it
I am glad I kept my link in my data base so I can re-post it here.
If I did not post it people would think I just made it up.
That’s rich.
It is all Bushes fault.
It is the democrats and 0bama’s lap where I ly the blame and I’m no Bush fan.
The Community Reinvestment Act and the democrats political correctness ruined this country you can take that to the bank bub.
It does seem like a roll out. I remembered the earlier news item and kept the link. Then I saw stories and wanted to bring it up and I am glad I did.
typo correction if you please...
That’s rich.
It is all Bushes fault.
It is the democrats and 0bama’s lap where I lay the blame and I’m no Bush fan.
The Community Reinvestment Act and the democrats, ACORN political correctness mixed with extreme race-baiting for starters... that ruined this country you can take that to the bank bub.
I don't need to defend Bush or Obama - Dems and Repubs in power equally took us over the edge to the point they are dangling a world currency before us and we are powerless to say no.
That is how I see it in any case.
The really good photos are copyrighted...
” The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.”
“
Ok ladies, just who is “they?” And “they are getting ready” for what exactly?
And just what gives them the right/authority to issue money through a reserve system for all countries? Their say so?
“They” might be a bit disapointed.
Unless it is gold or silver, which would make it kind of like reinventing the wheel, one would have to convince folks to accept it. Around here, it some joker is trying to pull a fast one with folks money, things get ugly REAL fast...
Granted its hurting, but, it will be asswipe once obamanation injects those trillions of debt. Surest and quickest way to communism is through debasing the monetary system.
The who is whoever runs the economies of the G7.
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