Russia Proposes One World Currency

Jul 12, 2009

Russia Proposes One World Currency

By Joel C. Rosenberg

“Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a ‘united future world currency,” reports Bloomberg news service.

Agence France Presse reports:

“Even if Russia’s call for a global currency failed to gain much traction at a G8 summit, President Dmitry Medvedev took home a coin meant to symbolize that the dream may one day come true. The Russian leader proudly displayed the coin, which bears the English words ‘United Future World Currency,’ to journalists after the summit wrapped up in the quake-hit Italian town of L’Aquila. Medvedev said that although the coin, which resembled a euro and featured the image of five leaves, was just a gift given to leaders it showed that people were beginning to think seriously about a new global currency. In all likelihood something similar could appear and it could be held in your hand and used as a means of payment,’ he told reporters. ‘This is the international currency.’”