November 8, 2010 · 4 comments
in 2010, China, G20, GoldMoney, USD, World Bank, central banks, forex, gold, international economy, leadership, legislation, world order, world reserve currency
The World Bank may lead the rest of us back on to the gold standard a lot sooner than we think. World Bank head Robert Zoellick suggested over the weekend (and for the second time) that the G20 should consider making gold the global reserve currency as part of some major structural changes to the [...]
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The US dollar has served in the role of world reserve currency since 1944, but there is nothing intrinsic about the US dollar which requires that it – and not some other, new currency – continue to fulfill that function. If anything, the long-term secular decline in the greenback since 2001, coupled with much more [...]
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The International Economic Forum of the Americas’ Conference of Montreal was covered this week by BNN’s Amanda Lang, who interviewed the World Bank President (Robert Zoellick), the managing director of the International Monetary Fund (Dominique Strauss-Kahn), former U.S. Secretary of State Madeline Albright and the CEO of General Electric (Jeffrey Immelt).
I’ll provide a brief overview [...]
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