Showing posts with label Geithner. Show all posts
Showing posts with label Geithner. Show all posts

Friday, 18 March 2011

A Global Currency?




Out of the economic plight (read 2009) China proposed that there should be a single global currency, which
Geithner in 2009 remarked that the US is 'open' for ideas about a world currency. This would involve replacing  the US dollar based system by increasing IMF's special drawing rights

Brazil, India and Russia seem warm to the arrangement. But do you?


What are your views on a global currency?




Regards, Sam