Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

By Lyubov Pronina

                                                                                                                                                                                                              July 10 (Bloomberg) -- Russian President [Dmitry Medvedev]("http://search.bloomberg.com/search?q=Dmitry+Medvedev&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1") illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.”     
    “Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”     
    The [coin]("http://www.futureworldcurrency.com/"),  which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.     
    The question of a supranational currency “concerns everyone now, even the mints,” Medvedev said. The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.”     
    Medvedev has repeatedly called for creating a mix of regional reserve currencies as part of the drive to address the global financial crisis, while questioning the U.S. dollar’s future as a global reserve currency. Russia’s proposals for the G-20 meeting in London in April included the creation of a supranational currency. 

bloomberg.com/apps/news?pid=20601010&sid=aeFVNYQpByU4

Why hasn't anyone learned from the euro's experimentation?

[quote="MugenOne, post:1, topic:202540"]

Why hasn't anyone learned from the euro's experimentation?

[/quote]

Because many countries would benefit from having the US dollar lose its status as the global reserve currency. The US economy benefits greatly from the current system, and other countries would like to see that advantage disappear.

That's scary! You guys heard of the Amero and the merging of America, Mexico, and Canada into one big nation?

[quote="Mike5575, post:3, topic:202540"]
That's scary! You guys heard of the Amero and the merging of America, Mexico, and Canada into one big nation?

[/quote]

Yep, I've heard of it --- ad nauseum.

Neither the Canadians nor the Mexicans would tolerate such an arrangement (which would be an enlargement of he USA --- check the populations involved) and, even if they did, it would require years of executive---level negotiations that could not be secret and have not been happening. It's a phony terror.

ICXC NIKA.

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