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IPFS News Link • Currencies

Why Not a Global Currency?


Special drawing rights issued by the International Monetary Fund could be used as an international reserve currency, Hu Xiaolian, vice-governor of the People's Bank of China, said Friday. Hu told a symposium organized by the Bank of Paris that volatility in exchange rates among existing reserve currencies – which include the U.S. dollar – affects commodity prices and causes problems for other nations ... Hu said the SDRs have "a potential role to play as an international reserve asset." – Wall Street Journal

Dominant Social Theme: The time has come to make a change. The IMF can lead the way to global financial efficiency.


1 Comments in Response to

Comment by Joseph Cronin
Entered on:

 Oh yes , so we can all become part of the NWO . Wake up , what kind of American are you ? Congress can enact new currency and our country can tell the rest of this twisted world that we are still the United States for America . Since when did our independance and freedom rest on the will of the Vatican and European fops .