posted on Jan, 11 2008 @ 03:30 PM
Hi guy's, I was just pondering this the other day when I came across an article that touched on it it. It talks about Fred Bergsten's new proposals
concernign the increasing decline in the value and confidence of the Dollar, and how this was in essence a re-worked version of an early idea spelt
out by John Maynard Keynes. In which he layed out the idea of a One world currency called Bancor. Apparently he suggested this at the very birth of
the IMF, but the idea was unpopular with other countries and was eventually dismissed.
The link to the article is below:
I hadn't really considered that plans had already been devisd for a world currency, let alone that they were now being discussed again with renewed
Could it be, that the decline of the dollar is instead of being an organic problem that evolved without coersion, is instead a carefully
manipulated system that was enginered to be so intrinsicly linked within the wider world economy that to remove it would require the creation of yet
anougher default currency in order to provide a platform for the worlds economy's to operaste with.
It appears that both the Euro and China are potential candidates for this rather dubious honor and as a result both seem to share some trepidation
with regard to taking on the mantle.
Could it be then that a new currency will be established controled by central banks or the IMF (to be honest I'm not really to knowledgeable with
regard to that aspect. apologies.) If acomplished, surely a One World Currency would be a rather worrying step toward the greater prize of a Oe World
Government. It certainly makes me think, it would be interesting to hear your opinions.
[Mod Edit: Link format - Jak]
[edit on 13/1/08 by JAK]