According to TheStraitsTime
PARIS – IMF managing director Dominique Strauss-Kahn said on Wednesday that talks on a new world reserve currency to replace the US dollar were ‘legitimate’ and could take place ‘in the coming months’.
China this week called for a replacement of the dollar, installed as the reserve currency after World War II, with a different standard run by the International Monetary Fund.
‘I think the discussion about a new currency is absolutely legitimate,’ Mr Strauss-Kahn told journalists after meeting with members of the French parliament’s finance commission.
Such discussion could ‘probably take place in the coming months,’ he said.
- This is another warning to the world! don’t keep US$ under your pillow case but change it to something of better value or other currency unless you bet USA take over the world by force and force the world to use USD only.
The worst is Amero to be formed as per discussed and the exchange rate will be ridiculusly high against the rest of the world and people who own US$ will suffer immediate devluation of their dollar.
There are still time I hope.
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