Geee Posted April 22, 2011 Share Posted April 22, 2011 Fox News:It’s been two weeks since George Soros bought himself a major economic conference designed to remake the entire global economy. Just because the event received little major news attention, it still had an impact Americans might be reeling from for years.When the anti-American Soros spent $50 million creating the New York City-based Institute for New Economic Thinking(INET), he began a major move against the dollar. The billionaire who once crushed the British pound through currency trading openly declared his plans to “reform the currency system.” In the Machiavellian mind of Soros, the dollar needed to take a back seat and end its stint as the world reserve currency. “The dollar no longer enjoys the trust and confidence that it once did, yet no other currency can take its place,” he wrote in late 2009.In 2011, he is already pushing aside the dollar. “The big question is whether the U.S. dollar should be the reserve currency; and, in fact, it no longer is,” Soros told Bloomberg. He’s not the only one. Nobel Prize winning economist and Soros buddy Joseph Stiglitz said he is arguing for “a global reserve currency.” Stiglitz, who also chairs the U.N. General Assembly on Reforms of the International Monetary and Financial System, called for a new “global system,” saying the current one is “fundamentally unfair because it means that poor countries are lending to the U.S. at close to zero interest rates.”In the short time following the Soros-funded Bretton Woods event, the move against the dollar has gained momentum rapidly. Soros wrote in 2009 that “the rising powers must be present at the creation of this new system to ensure that they will be active supporters.” Here come those rising powers right now, singing the Soros tune. Link to comment Share on other sites More sharing options...
Valin Posted April 22, 2011 Share Posted April 22, 2011 Got a HOT FLASH for people...it's already a global economy...and has been for quite some time now....I'm thinking 5,000 years. Link to comment Share on other sites More sharing options...
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