“US is not in line with the needs of the world economy”
September 9th, 2009
In our report, we highlight the importance of the reform of the international monetary and financial systems, including the role of the IMF and the exchange rate system, says Detlef Kotte, an economist at UNCTAD.
Throw the U.N Out of the U.S.
so we wan’t to exchange one fiat system that dosen’t work. For another fiat system that wont work? sounds like a good plan to me.
Dollar is going down, but to trust the evil U.N. is not the answer too.
ONE BIG PONZI SCHEME.
It’s all debt piramided upon more debt.
No, Jeffersonian hard currency non-central bank system.
Get rid of the stinking Federal Reserve.
the matter is simple !!!
we must get rid of the corrupt MONETARY system and replace it with the HAMILTONIAN type of CREDIT system !!! no more private bakers landing us our own currency !!!
We don`t need IMF shit
We need gold and silver.
Or at least money bonded to some composite of goods
This economist on RT uses the logic which got everyone into this crisis. You need people to have incomes in order to save and then invest. Not continue the current structural deficiency whereby continual deficits force internal liquidity contractions necesitating credit expansion.
But I guess inadvertantly this guy is just a mouthpiece for the nwo as he advocates furthering credit dependancy to an even less accountable global institution.
Yeah, lets listen to keynes, who’s economics got us in this mess. Replace the fiat reserver currency for another fiat currency, especially a currency that will be ran by the IMF, I started watching RT because I thought it was less propaganda bs, whats with all of this, how stupid do they think we are. The world needs a non fiat currency that is tied to either gold or silver, or history will just keep repeating itself with these engineered booms and busts.
So are the fed
.
Problem with $ as reserve currency is simple ,its lost nearly half its value since 2002 against the euro .
Its no longer fit or strong enough to be World reserve currency ,imho .
World reserve currency should offer stability ,not loose half your money in 7 years.
this guy should pay america a visit sometime to get a reality check…. the federal reserve policy does not benifit america,,, it only benefits the top few percent while the rest of us are holding the inflation bag, as well as the rest of the world
wow surprised noone has made comments on the NWO thank goodness. bet alex jones will be speaking about this on this web cast tonight
Dump the American funny-money and replace it with global funny-money? Geee, that sounds appealing.
Why allow a global central bank (and whomever is politically connected to it) to profit from inflation, when a DECENTRALIZED gold, silver or other commodities standard could be used, instead?
WINSTON CHURCHILL:
“Germany’s unforgivable crime before the second world war, was her attempt to extricate her economic power from the world’s trading system and to create her own exchange mechanism which would deny world finance its opportunity to profit.” - Winston Churchill (to Lord Robert Boothby, quoted in the Foreword, 2nd Ed. Sydney Rogerson, ‘Propaganda in the Next War’ 2001, orig. 1938. )
hold your breath, he is on they’re side not yours. GOD can save u
thanks R.T. for breaking the single most sufficient economic news story of the 21th century.
Obama will save us!!
yea, thats exacly how it is
i’m making good money shorting it
dump the dollar now!
Most countries are forced by violence to have the dollar as reserve currency.
The US prints money and lets other country pay the debt by inflation. Then they invade those who refuse the US market.
the only solution is to dump the dollar. everyone knows it except the american public.
Dump the dollar!!!
FUCK YOU ALLL!!!!!!!!!!!!!!!!!!!!