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Ruble Reserve Currency to Cut Dollar Dominance

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posted on Jun, 18 2010 @ 09:18 PM
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www.businessweek.com...




Bloomberg
Medvedev Pushes Ruble Reserve Currency to Cut Dollar Dominance
June 18, 2010, 4:02 PM EDT


By Paul Abelsky

June 19 (Bloomberg) -- Russia wants the ruble to be one of the world’s reserve currencies as President Dmitry Medvedev renews his push to reduce the dollar’s dominance and make Moscow a global financial hub.

“Only three, five years ago it seemed like a fantasy” to create a new reserve currency, Medvedev said yesterday in a speech in St. Petersburg, Russia. “Now we are seriously discussing it.”

Medvedev, who has repeatedly called for a supranational currency to match the dollar, said discussions with China are continuing on broadening the global options. Russia sold U.S. Treasuries for a fifth consecutive month in April, the U.S. Treasury Department said June 15. The world may need as many as six reserve currencies, Medvedev said


Future world currency?

www.futureworldcurrency.com...




posted on Jun, 18 2010 @ 10:06 PM
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Damn, very interesting! I didnt even know the ruble was still around!
well , this clearly sounds like a global dominant takeover, to push/make the USA at the bottom or near it. its kinda like a takeover* ya know



posted on Jun, 18 2010 @ 10:18 PM
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There's already a single world currency, it's all ones and zeros:

01101111 01101110 01100101 00100000 01100100 01101111 01101100 01101100 01100001 01110010



posted on Jun, 18 2010 @ 10:22 PM
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Originally posted by ziggy1706
Damn, very interesting! I didnt even know the ruble was still around!
well , this clearly sounds like a global dominant takeover, to push/make the USA at the bottom or near it. its kinda like a takeover* ya know


It kinda sent a chill down my spine,



posted on Jun, 18 2010 @ 10:23 PM
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Originally posted by monkcaw
There's already a single world currency, it's all ones and zeros:

01101111 01101110 01100101 00100000 01100100 01101111 01101100 01101100 01100001 01110010


I don't understand.



posted on Jun, 18 2010 @ 10:25 PM
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Originally posted by Stormdancer777

Originally posted by monkcaw
There's already a single world currency, it's all ones and zeros:

01101111 01101110 01100101 00100000 01100100 01101111 01101100 01101100 01100001 01110010


I don't understand.


Digital money that doesn't actually exist except inside financial computers - that isn't worth the paper it's not printed on.


[edit on 18-6-2010 by john124]



posted on Jun, 18 2010 @ 10:51 PM
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reply to post by john124
 



Thank you John, ain't that the truth.

This is China and Russia conspiring together, boy is that biblical.


[edit on 103030p://bFriday2010 by Stormdancer777]



posted on Jun, 18 2010 @ 11:02 PM
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I totaly garee with you john! that has been my conclusion for the past 2 or 3 years. MOney was meant ot be a coin or paper. why? becasue it tangible in yuor hands! done deal. digital money, can be easily manipulated, laundered, stolen, call your poison on hows it done* its money in a sense that dosnt exist* damn the credit cards*



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