Looks like all the rightwing nutjobs are scared of a world reserve currency

[RB TexLa]

Well it is going to be discussed at Pittsburgh and hopefully there will be steps toward finally using SDR for what they are intended to be. As far as these nutjob kooks, they will be dragged into the future. Guess if they want to have it done while they are kicking and screaming is up to each idiot themselves

[derby378]

1. Ok, this is a new one to me

What is a "world reserve currency?" Is it like those old British Trade Dollars, or is it akin to the euro on steroids?

[RB TexLa]

3. SDR. They've been around since 1969.

http://www.imf.org/external/np/exr/facts/sdr.htm

[Ruby the Liberal]

4. Right now, it is the dollar. Countries hold their cash reserves in US notes

China and Russia have been talking about decoupling and creating a new currency that can be the international standard as opposed to the USD.

Apparently, people are freaking out about it.

[PreacherCasey]

2. Banking reform should take the following form: Find out what the largest and most powerful

banks and global financial institutions on the planet want, and do the opposite. Putting more power into these peoples' hands is crazy.