Global currency
| Posted On: 04/29/09 06:55:29 AM |
Age 62, MO |
The author states that the creation of a global currency would be in the hands of an international bureaucracy, or Super FED. The U.S. should not fear losing its currency as the world reserve. As a matter of fact, these global economic developments should be even more incentive for the U.S. to dissolve the FED monetary system. We don't need a global currency for international trade. Exchange rates can easily be established for each country. The important thing is to keep the creation of currency out of private hands, and in the hands of the citizens of each sovereign nation. In the U.S., this is what the Constitution mandated, but was never complied with properly. George Cancilla
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