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New World Currency Coming? Here's the Coin

Jul 11, 2009

The President of Russia showed off a new coin to make the point that there is a new world currency coming, which is supposed to be the solution to the present currency crisis.


Here is the picture of it:


Coincidentally, he just happened to have one at the G-8 summit in Italy. Of course, the problem is not the old currency per se, nor is any new currency going to be the solution. A new face on money simply carries over all the old debts of the old currency--which are the real problem. The only real difference, you can be sure, is that with a new currency will come new controls and more power to the very people who caused the problem in the first place.

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Category: Financial
Blog Author: Dr. Stephen Jones