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.
Wow, if this doesn’t smack of a Douglas Adams-level of beauracracy in action, I don’t know what does. As reported by the BBC:


