"plans were announced for implementing the creation of a new global"

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killthefed.com

Following the 2009 G20 summit, plans were announced for implementing the creation of a new global currency to replace the US dollar’s role as the world reserve currency. Point 19 of the communiqué released by the G20 at the end of the Summit stated, “We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity.” SDRs, or Special Drawing Rights, are “a synthetic paper currency issued by the International Monetary Fund.” As the Telegraph reported, “the G20 leaders

Sleepwalking Our Way Towards a World Currency

By Edmund Conway April 09, 2009 "The Telegraph" -- Let's assume for a moment that we are in the protean stages of a new world currency; that the G20's moves this time last week are laying the ground for its special drawing rights to replace the dollar as the international reserve currency. On that basis which of these two scenarios would you feel more uncomfortable with: 1. That a shadowy sect of global leaders are conspiring together to set up this new world currency; or that, 2. Instead, clueless politicians are sleepwalking into this, not knowing precisely what they are doing. The conspiracy theories that surround the SDRs usually assume the first scenario, and indeed the events of the