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Drop the dollar as the world reserve currency
| Posted On: 03/20/09 06:37:59 AM |
Age 62, MO |
There should be no one world currency. Each country should have its own sovereign monetary system. The dollar as the world's reserve has enabled financiers to fraudulently manipulate money markets much to the demise of even the most powerful sovereign economies of the world. A "basket of currencies" is also unacceptable. The invisible hand of the free marketplace can not operate fairly across sovereign boundaries, especially when a one world currency is in place. George Cancilla
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