Friday, July 2, 2010

United Nations Wants US Dollar Replaced, Control all Currency through IMF SDR's

A United Nations report today called for the removal of the U.S. dollar as the global reserve currency, to be replaced by special drawing rights (SDRs) from the International Monetary Fund.

It called for “abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.

“A new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency,” the report added.

The conclusion of the United Nations was the new currency system shouldn't be based upon a basket of currencies, but SDR's which would be controlled by the IMF.

1 comment:

Anonymous said...

great. The global banking cartels would be able to print themselves unlimted fake money. Global fraud ponzi scheme.