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 theyre getting ready. I think its 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 ...
Ah... then you wouldn't mind transferring the balances of all your bank accounts to me.
After all, it would cost you "nothing."
Much of my savings are in the brass and lead. Transferring it to someone could be traumatic to the recipient.
Beck asked moms in his audience on Friday if they thought there would be no US currency in 5 years and several? raised their hands....?
bump
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