Medvedev Shows Off Sample Coin of New 'World Currency' at G-8 - The Drunken stepFORUM - A place to discuss your worthless opinions

Carlos Spicy Wiener · #1 07-11-2009, 06:44 AM

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.

The question of a supranational currency ?concerns everyone now, even the mints,? Medvedev said. The test coin ?means they?re getting ready. I think it?s a good sign that we understand how interdependent we are.?

Medvedev has repeatedly called for creating a mix of regional reserve currencies as part of the drive to address the global financial crisis, while questioning the U.S. dollar?s future as a global reserve currency. Russia?s proposals for the G-20 meeting in London in April included the creation of a supranational currency.

Predator24 · #2 07-11-2009, 07:24 AM

This is what we deserve for voting in a Marxist

Trips · #3 07-11-2009, 11:31 AM

China has repeatedly stated that it would not switch base currencies. The yuan is pegged with the dollar, as is the yen. Well, that means the top 3 economies in the world won't use the 'universal' currency.

The said the same thing with the euro becoming universal, its stronger than the dollar but its still too volatile in the world markets.

ThatHaole · #4 07-11-2009, 11:44 AM

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Full frontal nudity FTW

Trips · #5 07-11-2009, 11:48 AM

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Its a political thread, all politics are blah blah blah until its bang bang bang. Just sayin.

ThatHaole · #6 07-11-2009, 11:53 AM

Actually the universal monetary unit is very blah blah blah. It will never happen and serves no purpose other than to rile up uber conservatives who can then spout jingoistic, nationalist crap on Limbaugh's show giving those cretins yet more airtime.

Trips · #7 07-11-2009, 12:04 PM

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You are correct sir!

#8 07-12-2009, 07:43 PM

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I'm reposting this here, cuz I'm guessing Pred wanted to, but then fucked up.

Predator24 · #9 07-12-2009, 07:47 PM

Thanks MEGA. Makes more sense here.

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