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Thread: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

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    Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    July 10 (Bloomberg) -- Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.”

    “Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”

    The coin, which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.
    --------------------

    And not so long ago the prospect of a 'world currency' was viewed in the realm of fairy tales and sasquatch... the actual money has been used as a bank to bank currency for months already (SDR units).

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Quote Originally Posted by BmanMcfly View Post
    And not so long ago the prospect of a 'world currency' was viewed in the realm of fairy tales and sasquatch... the actual money has been used as a bank to bank currency for months already (SDR units).
    And not so long ago many citizens of the U.S. said "**** what the world thinks".

    Arrogance only gets you soo far. If the world decides to go away from the dollar, there isn't a damn thing the U.S. can do about it. The U.S. has become a CONSUMER nation for the most part.

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Quote Originally Posted by TheNextEra View Post
    And not so long ago many citizens of the U.S. said "**** what the world thinks".
    That part hasn't changed.

    Arrogance only gets you soo far. If the world decides to go away from the dollar, there isn't a damn thing the U.S. can do about it. The U.S. has become a CONSUMER nation for the most part.
    Yes, but to know that this has been done by design with the purpose and intent that the rest of the world would drop the US as a currency to be replaced with a global currency (with regional currencies : european, asian and american)... that this is being unveiled is further confirmation that those 'conspiracy theorists' were warning about for years is coming to reality/

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Quote Originally Posted by BmanMcfly View Post
    July 10 (Bloomberg) -- Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.”

    “Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”

    The coin, which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.
    --------------------

    And not so long ago the prospect of a 'world currency' was viewed in the realm of fairy tales and sasquatch... the actual money has been used as a bank to bank currency for months already (SDR units).
    Quote Originally Posted by Breaking News Rules
    3. Each *BN* Opening Post (OP) must have a citation link to a news story.
    Please read and use them.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Wow!

    So I can use these to buy Amero's?


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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Quote Originally Posted by BmanMcfly View Post
    That part hasn't changed.

    [lol]

    Yes, but to know that this has been done by design with the purpose and intent that the rest of the world would drop the US as a currency to be replaced with a global currency (with regional currencies : european, asian and american)... that this is being unveiled is further confirmation that those 'conspiracy theorists' were warning about for years is coming to reality/
    The problem I have with many of the conspiracy theorists that I've talked to is that there are so many REAL conspiracies [the masons, do indeed, run the country by and large] that their tendancy to gravitate towards ANY conspiracy theory and then ramble on about it like a loon, gives the people who those conspiracies benifit a level of deniability and puts many red herrings in the water, muddling the real "truth is stranger than fiction" conspiracies that would make people sh*t their pants if they new the whole truth.

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    I think some need to understand this is a global currency for trade, not a replacement for the physical U.S. dollar. That much I do understand.

    What I can not comment on is what are the benefits or drawbacks to countries forgoing the use of the dollar for global trade? You see kids Sam here did not do as well as he should have in Econ class because he was too busy staring at the uber-hot chick who sat in front of him. While others were taking notes, Sam was...well you get the point Seriously though, economics like this are not my strong point, so I would be interested to know further the true implications of moving away from the dollar.

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    To put it simply it makes America less powerful.

    Thats about as summed up as it gets.

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Isn't there supposed to be a link with BN stories?

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    Re: Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

    Bman, post the link please. Also, as others have said, once the world moves away from the dollar, the U.S.'s buying power will diminish greatly. Our debt will increase, and our economy will fall further, if that is possible. This is the simple reason this is occuring, countries such as Russia have been waiting for the opportunity to knock the U.S. off the top. The economics of the past ten years gave them their shot.

    I have posted on the Shanghai Corporation Organization under International, a while back, no one responded, but you guys really need to read about such groups as this and ASEAN+3. All are set-up to diminish U.S. influence and power as trade and security deals between Russia, China, India, and other Pacific Rim nations, even some South American nations.

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