Prophecy in today's headlines

Head of IMF Proposes New Global Reserve Currency

Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. “That day has not yet come, but I think it is intellectually healthy to explore these kinds of […]

UN Panel Welcomes Debate Over New Global Reserve Currency

Editors Note – For those keeping score… This makes it 3. Russia, China and now the UN have each announced  advocating a move to a global currency at the  upcoming  G20 conference. The head of a United Nations expert panel discussing solutions to the financial crisis on Thursday welcomed the debate over a new global […]