It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
The Single Global Currency Assn. urges the G20, meeting in Washington this weekend, to initiate research and planning for a Single Global Currency. The Association's President, Morrison Bonpasse, wrote to IMF Managing Director Dominique Strauss-Kahn, to urge such a step in order to "achieve the primary goal of the 1944 Bretton Woods Conference and the primary goal of the IMF: stable currency around the world."
The Single Global Currency Association was formed in 2003 in the U.S. to seek the implementation of a Single Global Currency by 2024, the 80th anniversary of the 1944 Bretton Woods Conference. Said Morrison Bonpasse, "With the expansion and creation of regional monetary unions, there is no question that we will someday achieve a Single Global Currency as the benefits vastly outweigh the costs. The only questions remaining are 'How long?' and 'How much will further delay cost?' " He continued, "If the European Monetary Union can successfully provide stable currency to 15, soon to be 16, countries, why not a Global Monetary Union for all countries?"