Loose change on global currency
You may remember that, after the global recession hit full swing, some curious news reports about creating a single global currency began to surface. Well, from rumors to a report by the United Nations itself, the single international bank concept is gaining traction. Here’s the latest from Bloomberg:
UN countries should agree on the creation of a global reserve bank to issue the currency and to monitor the national exchange rates of its members, the Geneva-based UN Conference on Trade and Development said today in a report.
Almoste makes me want to head up to Pittsburgh for the G20, just to hang out in hotel bars and listen in on the latest gossip.