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GLOBAL CURRENCY

UNDER CONSTRUCTION

Global Currency

We here regularly now the call for a Global Currency and even China is saying this in 2009 - 2011, China I thought would be the least likely candidate however not so:

| Article 01 

“In March 2009, as a result of the global economic crisis, China pressed for urgent consideration of a global currency”

| Article 02 

“China insists on using its growing economic clout to replace the dollar a new global currency.”

| Article 03 

BEIJING -- China called for the creation of a new currency to eventually replace the dollar as the world's standard, proposing a sweeping overhaul”

| Article 04 2011 

In China, Tentative Steps toward Global Currency

Article 05 

“UN wants new global currency to replace dollar”

Article 06 

United Nations Proposes New "Global Currency". | Fox News Clip 01

wiki From Wikipedia, the free encyclopedia

In the foreign exchange market and international finance, a world currencysupranational currency, or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world's primary reserve currency. In March 2009, as a result of the global economic crisis, China pressed for urgent consideration of a global currency. A UN panel of expert economists has proposed replacing the current US dollar-based system by greatly expanding the International Monetary Fund's special drawing rights (SDRs).[1]

The euro and US Dollar are by far the most used currencies in terms of global reserves.
Currencies have many forms depending on several properties: type of issuance, type of issuer and type of backing. The particular configuration of those properties leads to different types of money. The pros and cons of a currency are strongly influenced by the type proposed. Consider, for example, the properties of a complementary currency.

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