UN Report: 'Abandon' U.S. Dollar for One-World Currency

Drip. drip. drip. The discussion to merge the U.S. Dollar into a One World Currency continues to gain momentum as the solution to a problem that was self-inflicted by the international banksters themselves. This new United Nations report calling to “abandon” the U.S. dollar comes shortly after Russian President Medvedev was openly promoting one world currency.

Using seemingly legitimate concerns that a volatile Dollar has been bad for developing nations to deal with the fluctuation in commodity prices on their local markets, the Elite are offering the long-planned solution to this manufactured instability. It’s certainly true that an unstable dollar does indeed hurt these countries and individuals that live in them, but the changes in value are merely a symptom of a much larger disease – the agenda of The Money Masters that control the whole system.

Today Reuters reported:

A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.

But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine what currencies countries would keep on hand for reserves.

“The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency,” the U.N. World Economic and Social Survey 2010 said.

“The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency,” the U.N. World Economic and Social Survey 2010 said.

The report supports replacing the dollar with the International Monetary Fund’s special drawing rights (SDRs), an international reserve asset that is used as a unit of payment on IMF loans and is made up of a basket of currencies.

“A new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency,” the U.N. report said.

The “high-level” group reported that the new system “must not be based on a single currency or even multiple national currencies but instead, should permit the emission of international liquidity — such as SDRs — to create a more stable global financial system.”

This is Orwellian Double-Speak. They say they mustn’t have a single currency but instead, a consistent unit to gauge all other currencies against for “international liquidity”. Well, that is the exact purpose of the U.S. Dollar in current global trade. For all the fancy Elite legalize, it appears the International Monetary Fund’s SDRs would simply replace the U.S. Dollar’s role as the reserve Currency. The Elite have even minted a commemorative gold coin IMF one-world currency.

Once again, researchers and banking historians like G. Edward Griffin (author of The Creature From Jekyll Island), who used to be called conspiracy theorists for claiming the Elite are planning a single global currency, have been proven to be correct. This has been the grand plan by the money masters since the beginning of fiat currencies. Take the RED PILL and watch the documentary The Money Masters below:

INTERRUPT YOUR REGULARLY SCHEDULED PROGRAMMING