Your Ad Here

Friday, February 11, 2011

IMF Calls for Dollar Alternative

NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.


The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system. 

 http://money.cnn.com/2011/02/10/markets/dollar/index.htm

This is quite sad really...  CNN Money pretty much feeds you propaganda about this move and it just makes me sickProbably the reason they are fighting for 3rd place in the cable news world and succeeding!

But regardless, this is quite scary to see unfolding.  Say good-bye to state sovereignty.

6 comments:

  1. why can't we go back to bartering. money makes people corrupt and lazy.

    ReplyDelete
  2. I don't like this development at all. I am not well versed on this topic but isn't this just one step closer to worldwide socialism?

    ReplyDelete
  3. Norwegian kronor, only way to go. Following!

    wellthisdoesntsuck.blogspot.com

    ReplyDelete
  4. Finally, a blog dedicated to some good news haha.

    ReplyDelete