UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’
Posted on: September 10, 2009No comments yet
(Editor’s note: The elite have been pining for a global currency for decades, but previously they thought they’d have to go through the intermediary step of regional currencies. Now they’re sending up trial balloons to see if they can skip the foreplay and get right to the s*x.)
Sept. 7 (Bloomberg) — The dollar’s role in international trade should be reduced by establishing a new currency to protect emerging markets from the “confidence game” of financial speculation, the United Nations said.
UN countries should agree on the creation of a global reserve bank to issue the currency and to monitor the national exchange rates of its members, the Geneva-based UN Conference on Trade and Development said today in a report.
