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."
Russia, along with China, has been a vocal proponent of diversifying the global currency system away from the dollar, which has dominated global finance and commerce since the end of World War II.
French President Nicolas Sarkozy at the summit joined the band in favour of dumping the dollar as the international currency of reference, insisting that "we cannot stick with just one single currency."
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The ever increasin move to dump dollars for Euro's and/or a United Monetary System, has the G-8 working behind the scenes to get consensus after the brief Panic of the World Stock Scare. International Monetary Funding worked together to survive the Black Hole America presented, but in securing themselves from ever falling again, Europe is becoming indpendent slowly of all American attachments.
In Finance, German Banks and Chinese investment brokers are cooperative to reclaim a separation from the American Dollar and are divesting debt as fast as they bailed American Banking out overseas.
Russia, the Former President being well known International Banker: Putin brought Russia up to a semblance of stability and Trade Goods in armaments using the Ex Stasi and newly formed Mafia Mob scene to "ascend" to dominance: http://www.telegraph.co.uk/education/3350892/Putins-enemies-call-for-investigation-into-links-with-Stasi-agent.html
Taking a lesson from American Presidents using the Mob, Putin has bullied many banking decision by the sudden "drive by" shootings of his former allies.
Putin is the Right Hand of Russia while Medvedev is the Left and appearing friendly, but when he hands you a coin, make sure it is tainted with Radio active Isotope like the death of the Russian Journalist in England a few years ago.
The move by Russia to disenfranchize America as a World Powerhouse seems to be working. President Obama and Staff can talk about thier fianancial plans, but someone is slowly pulling the carpet out from under his feet.
Michael James Stone
