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03-18-2009, 10:28 AM | #1 |
Avalon Senior Member
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
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Russia to Propose New Reserve Currency at G20
Russia to propose new reserve currency at G20
Mon Mar 16, 2009 2:45pm IST Excerpt: "We urge the reform of the international currency and financial system," Russia said in its proposals to the G20, which were published on the Kremlin Website, www.kremlin.ru. Russia proposed tasking the International Monetary Fund (IMF) with researching the possibility of widening the list of reserve currencies, creating a new reserve currency, or using the IMF's special drawing rights (SDRs) as a super-reserve. "It seems appropriate to consider the role of the IMF in this process and also to assess the possibility and the necessity of taking measures which would enable (IMF) special drawing rights to become a super reserve currency accepted by the whole of the international community," Russia said. Leaders of the G20 leading economies will meet next month in London. Complete article: http://www.campaignforliberty.com/wire.php?view=3456 |
03-18-2009, 02:27 PM | #2 |
Avalon Senior Member
Join Date: Sep 2008
Location: Washington state
Posts: 743
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Re: Russia to Propose New Reserve Currency at G20
Isn't this sort of like asking the fox to protect the chickens?
alys |
03-18-2009, 09:12 PM | #3 |
I dont need a label !
Join Date: Sep 2008
Location: The Shire of Wilt
Posts: 2,889
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Re: Russia to Propose New Reserve Currency at G20
Here it comes the One world currency
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03-19-2009, 01:51 AM | #4 |
Avalon Senior Member
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Re: Russia to Propose New Reserve Currency at G20
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