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UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’

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keep_it_real Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:10 PM
Original message
UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’
By Jonathan Tirone

Sept. 7 (Bloomberg) -- The dollar’s role in international trade should be reduced by establishing a new currency to protect emerging markets from the “confidence game” of financial speculation, the United Nations said.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSp9VoPeHquI
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:11 PM
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1. Here it comes
So is there any currency that has real value? Or do we just change the name on the same old confidence game?
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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:11 PM
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2. Money itself is the con game. n/t
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:13 PM
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3. OHMYGOD!!11!!! ONE WORLD CURENCEY !!!111!! OBAMMA IS THE AUNTIECHRIST!!!!1111!!
BEWARE THE MARC OF THE BEEST IS COMMING!!111!!!!! :crazy:
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Nikki Stone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:16 PM
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4. There's already a synthetic one-world currency: SDRs
http://www.thenewamerican.com/economy/economics-mainmenu-44/1145

(We'll soon have the Amero here. The ground has been being prepared for the last 20-30 years.)
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:17 PM
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5. Plagiarism! China was saying that months ago!!
And other people responding have a point; different animal, same shit.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-07-09 05:18 PM
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6. As long as the people who made the 'confidence game' haven't made this new currency, what's to hate?
Really, what is to hate?

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