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Old 09-08-2009, 03:54 AM
 
12,870 posts, read 12,772,010 times
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UN Says New Currency Is Needed to Fix Broken ‚€˜Confidence Game‚€™ - Bloomberg.com

yet another move towards replacing the dollar with a global currency. keep in mind that the IMF and the world bank are institutions in the united nations.
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Old 09-08-2009, 05:59 AM
 
10,696 posts, read 20,114,276 times
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This is just as predicted in the "Creature from Jekyll Island" book about the Federal Reserve. I seriously can't tell you how close the author was in calling this. It's scary. This new "currency" won't solve a thing, just prolong the inevitable. In the mean time the dollar will become ever more worthless.
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Old 09-08-2009, 09:21 AM
 
943 posts, read 1,974,002 times
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I remember how people would scoff at this, You tin hatter, how can you be that crazy, and NOW it is in MAINSTREAM NEWS.



US backing for world currency stuns markets - Telegraph
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Old 09-08-2009, 09:33 AM
 
Location: Sinking in the Great Salt Lake
12,899 posts, read 18,442,586 times
Reputation: 13734
Damn I wish I wasn't a doomsdayer. Maybe a world currency would be *nice*? Maybe it will save the world ? Maybe they will start selling anti-depressants over the counter?
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Old 09-08-2009, 06:32 PM
 
48,519 posts, read 80,998,062 times
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The UN is just a bag of hot air;that few pay attention to anymore.
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Old 09-09-2009, 04:05 AM
 
Location: Conejo Valley, CA
12,476 posts, read 16,966,907 times
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Oh geez, take off the tin foil hats. This is not about a "world currency", or changing the currency used within the US. Its about not changing the current dollar hegemony. Currently the US gets a subsidy from other nations because the US currency is used as the global reverse currency.

This sort of thing has been discussed for a long time.

"Creature from Jekyll Island"? Nothing more than a paper weight.
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Old 09-09-2009, 04:34 AM
 
12,870 posts, read 12,772,010 times
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Quote:
Originally Posted by texdav View Post
The UN is just a bag of hot air;that few pay attention to anymore.
i agree that the UN is worthless, however our congress and president do not seem to think so. with little fanfare, CONGRESS ANSWERS THE CALL ON UN FUNDIN
(June 18, 2009) —
Responding to the House and Senate votes to pay back all U.S. debt to the UN since the 1999 Helms-Biden agreement, Mr. Ted Turner, founder of the United Nations Foundation, and UN Foundation President Senator Timothy E. Wirth issued the following statement:

“Today, the U.S. Congress renewed the United States’ commitment to the United Nations and international cooperation as an important means of solving global problems. Great nations pay their bills, and today’s action will ensure that the United States has honored in full its commitments to the United Nations. Much of the $906 MILLION approved today by Congress will support the lifesaving work undertaken through UN peacekeeping operations.

“It is clear and encouraging that President Obama and Congress recognize that international cooperation through the UN HELPS AMERICA SHARE THE COST AND BURDEN of solving the great global challenges of the 21st century. (UN website)

again, a consistent pattern of using US taxpayer money to address world issues. understand that it is american taxpayer dollars being used to support the overthrow of our own currency! that is a fact! THROW THE BUMS OUT!
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Old 09-13-2009, 10:48 PM
 
Location: Charlotte, NC
2,193 posts, read 4,447,602 times
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Quote:
Originally Posted by user_id View Post
Oh geez, take off the tin foil hats. This is not about a "world currency", or changing the currency used within the US. Its about not changing the current dollar hegemony. Currently the US gets a subsidy from other nations because the US currency is used as the global reverse currency.

This sort of thing has been discussed for a long time.
What is the effect on us if the US is not the world reserve currency any longer?
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Old 09-13-2009, 11:13 PM
 
Location: Conejo Valley, CA
12,476 posts, read 16,966,907 times
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Quote:
Originally Posted by sheenie2000 View Post
What is the effect on us if the US is not the world reserve currency any longer?
American will find it much harder to suck wealth from other (usually developing) nations and as a result Americans will have to work harder for the things they have.

Sooner or later its going to happen, the world is sick of giving us a major subsidy. One of the big reasons why we are able to consistently run trade deficits is the position of the US dollar in the global economy.
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Old 09-14-2009, 04:39 AM
 
12,870 posts, read 12,772,010 times
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i think it is safe to say that you are not american. the problem with america is that it has been directing too much of its wealth to other countries, whether in war operations or buying sprees. that is how we stopped being a creditor nation and became a debtor nation.
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