Old-Thinker News

Oldthink: Holding on to ideas and patterns of thought not consistent with current government policy

Entries Tagged ‘world currency’

Italy backs idea of new global currency

Reuters
April 30, 2009
ROME, April 30 (Reuters) - Italian Economy Minister Giulio Tremonti backed on Thursday the idea of a new global currency for international transactions, while keeping existing currencies for domestic use. Tremonti applauded a proposal made last month by China’s central bank governor Zhou Xiaochuan to create a new global reserve currency, but he [...]

The G20 moves the world a step closer to a global currency

The Telegraph
April 3, 2009
By Ambrose Evans-Pritchard
Comment from Old-Thinker News: Notice how the article makes the snide comment that “Conspiracy theorists will love it,” as the plans are rolled out.
A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.
“We have agreed to support a [...]