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U.N. Panel Says World Should Ditch Dollar

March.18, 2009 http://tinyurl.com/dfo4nb A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the p...  
 
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tuber23504 (3 weeks ago) Show Hide
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Of course the world should get rid of the dollar as a reserve currency...Oh and get a grip: there is NO global, UN-sanctioned treaty or official document that has EVER identified the US Dollar as the reserve currency of the world. That has always just been PRESUMED. I am sick and tired of the scourge of American capitalism spreading it's bloody hand around the world in the name of greed. And yes, I am American....but have no allegiance to this place. I have allegiance to the EARTH.
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wolfgang8u (2 months ago) Show Hide
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this is a tricky topic. Because some will not give into the spliting of a hedgemoney so easily unless there is enough to go around for everybody interested that hold high seats. In some ways it would stabilize the world in someways it would upset it ( ouch !) ITs just like with every decision you have to way the pro's and cons. My main concern would be price fixing because of not enough competition in the currency market itself. But this could also stabilize after some period,
wolfgang8u (2 months ago) Show Hide
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I do say that if one country has a reserve role that could be even more dangerourse because of the same concerns. As the world has just recently witnessed. It has taken a long time to get the current reserve currency to its standings. But this has come at some back lashes in other parts of the world. In some ways one currency would prevent this leverage power from being abused. I think that in the end the world could be more peacefull. OR would it. WHo would be the decider of how much people get
wolfgang8u (2 months ago) Show Hide
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After all we are on one planet. But if there is one currency then will there be one wage rate for all nations?? I agree about the inbalance problem. But my main concern is the supply and demand aspects. I would like to see the world work towards the same goals in a peaceful way. THe world has become to small with technology. THe internet has had a great part in this. One world is inevitable. we dont ride horses to the next town. Matter of fact we dont even have to go to another country to do BIZ
4evrfwd (2 months ago) Show Hide
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you're jackass
stbays (2 months ago) Show Hide
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How am I a jackass? Because i'm demanding evidence. If so I'll wear that title with pride and take any thumbs down you might feel like giving me. To me, it's proof I'm thinking for myself and not just following the crowd.
Rheaume100 (2 months ago) Show Hide
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One, World currency will happen Before 2011 -GARAUNTEED!
ZR1Terror (1 month ago) Show Hide
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Will that save the economy? will that create jobs for everyone?
stbays (3 months ago) Show Hide
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If you couldn't prove anything still, why'd you bother leaving that rediculous message?

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