Posts tagged as:

G8

Supracurrency Coin Proposed as United World Reserve Currency

July 12, 2009 · 10 comments

in US dollar, currencies, international economy, news and updates, world reserve currency

Is the supranational currency proposed by Russian President Medvedev for real?  At the G8 meeting in L’Aquila, Italy (July 8-10, 2009), Medvedev is reported to have brought a sample of a new “united future world currency” coin minted in Belgium and bearing the words “unity in diversity.”
According to Bloomberg, Medvedev said “the question of a [...]

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In Case You Missed It: G8 on the Global Economy and Other Good Tidbits

July 11, 2009 · 3 comments

in G8, international economy, link roundup, reading recommendations

This past week the G8 met in L’Aquila, Italy to discuss the global economy but also climate change and reducing carbon emissions.  According to the Telegraph, Gordon Brown warned “that sharp and unpredictable rises in oil prices risk “choking off” the global economy and pushing the world into a [...]

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US Dollar Reserve Currency Status Now Officially Up For Debate Ahead of G8 This Week

July 5, 2009 · 5 comments

in US debt, US dollar, currencies, foreign investment, inflation, international economy, investing (general), politics, savings, world order

China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago.  With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air).  Just [...]

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