Russian President may push 'new world currency'...

[240 is Back]

Bloomberg

Russia on Currency

Russian President Dmitry Medvedev may discuss his proposal to create a new world currency when he meets counterparts from Brazil, India and China this month, Natalya Timakova, a spokeswoman for the president, told reporters by phone today. Russia’s proposals for the Group of 20 meeting in London in April included studying a supranational currency.

“We need some kind of universal means of payment, which could create the basis of a future international financial system,” Medvedev said in a June 1 interview with CNBC. “Naturally, because of the crisis in the American economy, attitude to the dollar has also changed.”

Regional reserve currencies are an “unavoidable” part of “regionalizing” the global financial system, Deputy Finance Minister Dmitry Pankin said in Moscow today.

The Dollar Index, which ICE uses to track the currency’s performance against the euro, yen, pound, Canadian dollar, Swedish krona and Swiss franc, fell as much as 1 percent to 78.33, the lowest level since Dec. 18.

[shootfighter1]

Scary for the US.  We've been hearing more talk of this lately.
I heard that it would be hard to remove the dollar as the reserve currency, but certainly not impossible.  The more $ our gov prints, the more we borrow and deficit spend, the more our currency is devalued, the greater the possibility of something like this happening.  We must stop Obama's government from their insane spending, we already allowed way too much under Bush.  Our gov does not respect our $.

[GigantorX]

Scary for the US.  We've been hearing more talk of this lately.
I heard that it would be hard to remove the dollar as the reserve currency, but certainly not impossible.  The more $ our gov prints, the more we borrow and deficit spend, the more our currency is devalued, the greater the possibility of something like this happening.  We must stop Obama's government from their insane spending, we already allowed way too much under Bush.  Our gov does not respect our $.

Everything is fine. The Recession is over. China is our pet. Spend all you want. Light at the end of the tunnel. Deficits don't matter. Social Security will fix itself. A 3.6 Trillion Dollar budget w/ 9000 earmarks and 10 years of trillion dollar+ deficits signals a new era of responsible spending and governance. Strong Dollar Policy. We Promise! Hope and Change for All!

[Fury]

NWO NWO NWO!!!!


Illuminati!




REPTILIANS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Hugo Chavez]

NWO NWO NWO!!!!


Illuminati!




REPTILIANS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

stfu

[Fury]

stfu

Only saying what I know you want to.






OoooOHoOhOHOHohHoOOoO the Illuminati! NWO!!!!!

[Hugo Chavez]

Only saying what I know you want to.






OoooOHoOhOHOHohHoOOoO the Illuminati! NWO!!!!!

stfuX2