UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’
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.
China, India, Brazil and Russia this year called for a replacement to the dollar as the main reserve currency after the financial crisis sparked by the collapse of the U.S. mortgage market led to the worst global recession since World War II. China, the world’s largest holder of dollar reserves, said a supranational currency such as the International Monetary Fund’s special drawing rights, or SDRs, may add stability.
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re: creation of a global reserve
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.
China, India, Brazil and Russia this year called for a replacement to the dollar as the main reserve currency after the financial crisis sparked by the collapse of the U.S. mortgage market led to the worst global recession since World War II. China, the world’s largest holder of dollar reserves, said a supranational currency such as the International Monetary Fund’s special drawing rights, or SDRs, may add stability.
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re: creation of a global reserve
The endless rhetoric calling for the creation of a single global economic system, as can be seen in this latest installment from the NWO's Bureau of Propaganda, continues unabated. It is all part of the choreographed desensitization process. By the use of sheer repetition, resistance can be slowly eroded away and gradually changed into weary resignation. In this case it is the insistent cry for a global currency with which to replace the dollar [here]. NWO controlled countries China, India, Brazil, and Russia have all been singing this tune in perfect harmony for some time now, as mentioned above, and right on beat, the UN is joining the chorus too...now with a new melody: the creation of a "global reserve".
A global currency, eventually to probably be a cashless system (666), a global bank, etc.? It's happening before your eyes. That definitely includes America, soon to be just part of 'Can-amer-exico'. Compare this article and comment posted less then ten months ago concerning the starting of a movement in this country called "End the Fed":
Ron Paul, Jesse Ventura Lend Names To 'End The Fed' 11-22-08 "Here's the extremely interesting thing about the idea of "ending the Fed". That is exactly what is going to happen/is happening, right along with the ending of the "federal government" itself and the U.S.A. 'as we know it'. The "Federal Reserve" is being morphed into the "Global Reserve". (see post)
The "End the Fed" movement is ongoing, and no doubt most involved are well meaning, nevertheless, they are being duped by the globalization strategists.
screenshot of Ron Paul on Glenn Beck Show 9-7-09
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To all, there is nothing more important with regard to all these dramatic events unfolding on the world stage then to understand that bible prophecy is being fulfilled before your eyes. The one-world kingdom of Antichrist is rising. Be not duped.
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follow links, compare, connect dots:
screenshot of Ron Paul on Glenn Beck Show 9-7-09***
To all, there is nothing more important with regard to all these dramatic events unfolding on the world stage then to understand that bible prophecy is being fulfilled before your eyes. The one-world kingdom of Antichrist is rising. Be not duped.
***
follow links, compare, connect dots:
World Economic Forum #2 Lays Groundwork For 666 Global Currency 4-12-09 (SDR's)
Central America Joins Global Regionalization, Agrees On Single Currency 12-10-08
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Mark 8:18 Having eyes, see ye not? and having ears, hear ye not?
Central America Joins Global Regionalization, Agrees On Single Currency 12-10-08
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Mark 8:18 Having eyes, see ye not? and having ears, hear ye not?
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