Anybody who doubts the coming "one world currency", ya need to look at these headlines.
Head of China's Central Bank Proposes New World Currency
There have been rumors and announcements from China about a new reserve currency.
And the IMF has said that it is considering printing hundreds of billions of dollars worth of its own currency.
China Backs Russian Call To Discuss Replacing US Dollar
MOSCOW, March 19 (Reuters) - China and other emerging nations back Russia's call for a discussion on how to replace the dollar as the world's
primary reserve currency, a senior Russian government source said on Thursday. Russia has proposed the creation of a new reserve currency, to be
issued by international financial institutions, among other measures in the text of its proposals to the April G20 summit published last Monday.
Calls for a rethink of the dollar's status as world's sole benchmark currency come amid concerns about its long-term value as the U.S. Federal
Reserve moved to pump more than a trillion dollars of new cash into the ailing economy late Wednesday.
Euro Currency of Choice as Fed Easing Devalues Dollar
Less than a month after lambasting European Central Bank President Jean-Claude Trichet for failing to keep up with Ben S. Bernanke’s efforts to stem
the recession, foreign-exchange traders are glad he’s behind the curve.
The 16-nation currency strengthened 7.7 percent versus the dollar since February, after tumbling 9.3 percent in the first two months of the year.
JPMorgan Chase & Co., Morgan Stanley and Citigroup Inc. are advising investors to buy euros.
China Voices Support For New Global Currency To Replace Dollar
Tags: CHINA ECONOMY
China has expressed support for Russia’s proposal to hand the IMF the power to create a new supra-national global currency in response to the call
for an alternative to the U.S. dollar as the world reserve currency.
The US Government is about to learn the wisdom of the old adage that one should be very careful who one steps on on the way up because you will likely
meet them again on your way back down.