News, Goodbye U.S. dollar, hello global currency. (abandoned, federal)

[JD59]

CFR chief: Monetary nationalism, sovereignty should be abandoned

The director of international economics at the Council of Foreign Relations has launched a scathing attack on sovereignty and national currencies.

Benn Steil, writing in the current issue of CFR's influential Foreign Affairs magazine, says "the world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn."

In the article, "The End of National Currency," Steil clearly asserts the dollar and the euro are temporary currencies, perhaps necessary today. He argues "economic development outside the process of globalization is no longer possible."

http://www.worldnetdaily.com/news/ar...TICLE_ID=55595

[JJG]

So begins the end of the world....

[gardener34]

Yes, the day all the corruption stops in all countries around the world should the US tie our economy to theirs. And the day that all the countries stop letting their religions interfere in their governments too.

[M TYPE X]

Lyndon LaRouche says that the entire monetarists are out there to destroy the sovereignty of the US dollar and British pound.

Curse you George Soros!

[NYMTman]

The US Dollar is controlled by foreign bankers under the current Federal Reserve inflationist fiat system.

Return to a commodity-backed currency for true sovereignty, both national and popular.

[tallrick]

Originally Posted by NYMTman

The US Dollar is controlled by foreign bankers under the current Federal Reserve inflationist fiat system.

Return to a commodity-backed currency for true sovereignty, both national and popular.

Too bad people don't realize that the dollar is now unbacked paper!