Monday, November 2, 2009

Global Currency in the Wings

As the US dollar - currently the world's standard currency - slowly sinks into the mire of diminishing value, there are calls from many quarters - including the United Nations, Russia and China - to introduce a new global currency independent of any one nation.

Some commentators, including Gerald Celente of Trends Institute, are tipping that massive devaluation and runaway inflation of the US dollar are just around the corner, irrespective of government and media rhetoric proclaiming an emerging economic recovery. If this does happen, it would certainly provide the excuse needed to bring a new world, global currency into being.

No comments:

Post a Comment