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China Urges New International Reserve Currency
- Text size
The Wall Street Journal
March 23, 2009
People’s Bank of China Gov. Zhou Xiaochuan called Monday for the creation over time of an international reserve currency that isn’t linked to any one nation as part of reform of the international financial system.
- A d v e r t i s e m e n t
Zhou didn’t explicitly mention the role of the U.S. dollar, but said having a national currency act as an international reserve currency may have outlived its usefulness and that a desired goal now should be creating an international reserve currency that is disconnected from individual nations and is able to remain stable in the long run.
Beijing also Monday reiterated its call for reform of the International Monetary Fund but said it would be willing to consider short-term ways of bolstering the IMF’s resources to help it fight the global financial crisis.
PBOC Vice Gov. Hu Xiaolian said Beijing would “actively” consider buying IMF bonds if the institution decides to issue bonds.
A long-running debate about giving developing nations a bigger say in the IMF in exchange for more funding has grown more urgent as the financial crisis ensnarls a growing list of nations, most recently in Eastern Europe. While the U.S. and some European countries, such as the U.K., look to nations like China to bolster IMF resources, Beijing has linked contributions with increasing the voice of developing nations and broader IMF reforms.
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March 23rd, 2009 at 8:38 pm
FFFFFFFFFFF ….. china send there shit back . they live across the world. Lets awake them let there people rise with us.
hammernail1976@hotmail.com Reply:
March 24th, 2009 at 11:20 am
if we the people would just reclaim our “sovereign citizenship” things of this nature could never happen, because as is stands as of right now if you have not reclaimed your “sovereign citizenship” you have no rights no declaration of independence rights, amendment rights, or any other right for that matter, THIS IS FACT that has been proven in the courts time after time,the only thing you have is 14th amendment privileges which can be given or taken at any time by the grantee.
see now i know that many of you think its just a null adhesion contract that was voided by the state or federal government abuse, but that is simply not the case, because as long as whatever is being done is being done to a people who have a “birth certificate” no matter what it is, they can do it with the backing of the courts because the grantees are sovereign people who are making things, and restricting things from a non- sovereign people, within a sovereign state, within a united corporation. and so, by reclaiming your sovereign citizenship, it restores all the rights that you where given at birthright by the state in which your born. the sovereign people would be able to make decision with the full backing of the declaration of independence, and the amended rights which where exchanged for “privileges” through adhesion contracts, please i challenge anyone who does not believe me or think im in left field about this to research, so you can see for yourself that what i speak of is FACT. please people it is the only other way then revolution to make the government get back into its proper smaller place working the the People!!!
TO ALL THOSE BORN IN AMERICA, PLEASE RECLAIM YOUR SOVEREIGN CITIZENSHIP, INDIVIDUALLY DRAW THE LINE IN THE SAND, SO WE THE PEOPLE CAN MAKE THE PUSH!!!
IF YOU ARE TO TAKE PLACE IN THE BATTLE OVER FREEDOM IN THE TRUE SENSE YOU CAN NOT, AND SHOULD NOT BE ACCEPTING ANY PRIVILEGE OR GRANT FROM THE OPPOSING FORCE, BECAUSE WE ALL KNOW WHAT ACCEPTING ANYTHING FROM OPPOSING FORCE/CORPERATION IS LABELED AS “TREASON, OR DOUBLE AGENT” THE SAD THING IS, IS THAT MOST WHO ARE, DO NOT EVEN KNOW THAT THEY ARE. WAKE UP!!WAKE UP!!!! RECLAIM WHAT IS RIGHTFULLY YOURS GIVEN TO at BIRTH, BY THE STATE IN WHICH YOU WHERE BORN!!!!!!!!!!
organic frog legs Reply:
March 24th, 2009 at 12:15 pm
organicfrog says…
You’re just trading with DEBT created by our federal reserve who loans out the money you work for and then charges us interest for it.
But that would be slavery… or are we slaves now? oh crap!
TheKingOfTexas Reply:
March 24th, 2009 at 12:43 pm
WHO IS THE KING OF TEXAS
I will show myself on April 22 in Waco Texas at the massacre site. I am calling as many Christians of this nation who can find the time to come and see what it is that you don’t even know that you want.
I have the answers for the Christians who have never been defended by their government but have rather been oppressed by their so called government of freedom.
I also have the answers to the current generated economic crisis. This is a peaceful gathering for YHWH our God. But you might want to bring a firearm just in case. After all let us not forget what they did to us in Waco. This is not a call for a riot. This is a peaceful gathering. MAY OUR LORD JESUS BE WITH YOU FRIEND.
I realize it is off topic please forgive me. Go to my web page for more thekingoftexas.com
James McDonough Reply:
March 24th, 2009 at 1:15 pm
That Apture link is very cool bro !
Robert Reply:
March 24th, 2009 at 5:16 pm
JOIN THE REVOLUTION!
Glenn Beck recently asked Millions of Americans across our Nation to make a commitment to follow the Nine Principles and 12 Values!
Now is your chance to help spread the message to our government to remind them that “THEY work for Us”! and “We Surround Them”!
Order your 9.12 Revolution t-shirt right now while supplies last!
Click here: http://www.wallstreetmarketnews.com/tshirts.html
Robert Reply:
March 26th, 2009 at 2:22 am
BARACK OBAMA LIED!
Obama G20 Meeting Plans New Global World Currency to Replace U.S. Dollar
Go to http://www.wallstreetmarketnews.blogspot.com
March 23rd, 2009 at 8:39 pm
Oh ya firsties agin.!
mshort Reply:
March 23rd, 2009 at 8:59 pm
LOL…. really its all the same when our voice is heard. Resist the nwo. UNITE together we can be that witch brings real change. Be the thing that you want our country to become . Strive for what is right , and we will all be first.
no1Uno Reply:
March 24th, 2009 at 9:05 am
all the media & news papers are OWNED by the N.W.O. so the world will never know untill it is too late, one day the N.W.O. will own the WWW and the voices of REAL PEOPLE will no longer be heard.
Silence the mobs & keep them in sweat shops
the banks are in control
Line in the sand Reply:
March 23rd, 2009 at 9:59 pm
Sovereignty Bill “HJM4″ in IDAHO passes the House 50 to 17!!!
Great job everyone. Phil Hart gave an excellent speech on sound money and Dick Harwood and Lenore Barret did a great job on explaining the importance of the bill and state sovereignty!Sov
March 23rd, 2009 at 8:54 pm
IF YOU ARE A SPIRITUAL PERSON, HERE IS A COOL NEW WEB PORTAL WITH VIDEOS, SITES ON LIFE AFTER DEATH, 2012 EXPLAINED, LUCID DREAMING, ASTRAL PROJECTION AND MORE COOL STUFF. SEE PEOPLE WHO HAVE COME BACK FROM DEATH TO TELL WHAT THEY HAVE SEEN ON THE OTHER SIGHT. LIVE ANGELS CAUGHT ON FILM! AWESOME SITE!
http://www.thegrandawakening.com
mshort Reply:
March 23rd, 2009 at 9:11 pm
been to your sight several times, and I’m really sad tosee something so well put together with so much symbolism. Please start over, rethink what you are doing. Use your gut,and live what is right. Love Jahashua, love truth, love your fellow man. Everything else is really trivial.
mshort Reply:
March 23rd, 2009 at 9:15 pm
really scared about the symbolism on this site. be ware.
AJ Reply:
March 24th, 2009 at 5:16 am
scared about the symbolism? wtf? what symbolism? the site has a lot of good info. A lot of ‘christians’ are so afraid of everything. Fear is not a ‘godly’ trait, yet so many of you are struck and paralyzed by fear in so many ways. Maybe try Faith instead of Fear, at the end of the day you’ll be a lot happier.
March 23rd, 2009 at 9:17 pm
READ THE COMPLETE MIAC REPORT HERE! SEE AUDIOS AND VIDEOS RELATED TO IT. SEE GLENN BECKS VIDEO ON IT.
http://www.thegrandawakening.com
Rocky Horror Reply:
March 23rd, 2009 at 10:57 pm
i wish they would ip ban you…
March 23rd, 2009 at 9:19 pm
The dollar is finished. I’d like to thank every commie elitist bastard the world over for allowing me the time to prepare ….gold, guns, ground and grain. COME AND TAKE IT! YOU CAN HAVE MY GUNS ONE BULLET AT A TIME!
March 23rd, 2009 at 9:53 pm
“YES WE CAN” EACH DISTRIBUTE 1,000 COPIES OF THE OBAMA DECEPTION AND DISTRIBUTE THEM!
“YES WE CAN” SAY NO TO THE NEW WORLD ORDER!
“YES WE CAN” EXPOSE THE CORRUPTION!
“YES WE CAN” STOP OBAMA TOGETHER!!
March 23rd, 2009 at 9:58 pm
The sad part is that I would probably agree with him if I didn’t know the implications of what he is proposing. That is how they will get people. That is how they are getting people now.
They don’t just go after it all at once, they break it up into little giftwrapped pieces and then sell it as a great deal.
To all of the sheeple out there, this is a logical plan. Create a currency so that the whole world’s financial situation is not based on a single nation’s performance. Very frightening.
They are just chipping away at us, a little at a time.
American Patriot Reply:
March 24th, 2009 at 3:54 am
yo, gasser- intell says they were trading Ameros on the index in Kiev today
???????????????????????????????wtmff!!!!!????????????????????????????????
sorry just pissed off. uh a foriegn country trading north american union currency like it has an inate value already ?? what is it backed by and uh oh! last i heard this was still America well at least Amerikka
intell is good and will be documented by 2morrow.
this is just fucking great
March 23rd, 2009 at 10:06 pm
Why dont a few people get some vans with big screen tvs . Go to baseball games or any event that has alot of people and play the obama deception.
March 23rd, 2009 at 10:19 pm
The Church Age is finished. Time to prepare. Make Jesus your lord and savior now before He comes. Jesus is coming very shortly.
“COME UP HITHER” – Revelation 4:1 KJV
March 23rd, 2009 at 10:46 pm
What scares me is the government buying all the loans. It just seems to me that if they are in control of that much real estate they can use it for more leverage. The next thing you know they will be giving you a job and a house to live in, but you will be owned by them. I don’t like that thought at all.
March 23rd, 2009 at 10:46 pm
I hope anyone for this proposal realizes that to follow this policy simply shifts the problem of fiat money one more step…and it’ll probably be run by the FedReserve, like as not…
March 23rd, 2009 at 10:49 pm
Boycott Pepsi for being PRO-OBAMA! Just look at their new logo!
March 23rd, 2009 at 11:26 pm
Wow you guys are quick!
I just saw this news story come over the wire in my forex trading account. This is crazy stuff!
March 24th, 2009 at 12:19 am
Folks this sight is a data collection sight for Z-i-o-n-i-s-t…. A—L—-e—x is an agent for the government. The DVD’s and mailing list are handed over to the government. He is not what you think! Wake up!
March 24th, 2009 at 12:24 am
A—–(l)—-e—–x is a fraud and a z———i——-(o)——N—-s——(t) married to one and his young ((((((J))))))(((((e)))))(w)))))))) cohost is also a fraud
Over The Target Reply:
March 24th, 2009 at 2:52 am
note:
alex’s isn’t safe whatever ’side’ you decide he’s on
these freaks kill their own
just for fun, to make a statement, or to justify the end
March 24th, 2009 at 2:53 am
This is the end !
March 24th, 2009 at 4:34 am
Europe in crisis now. alla countrys that entered Eu is in debt now.
Poverty is needed to recruit youngsters into the army for obamas illegal war in afghanistan.
March 24th, 2009 at 5:49 am
ABSOLUTIST PAPAL MAXIMS OF THE JESUITS recorded in the year 1685
1. There is but one Supreme Authority in the World, and that is the Pope.
2. God hath delivered over unto the Pope the Power and Rule of Heaven and Earth, therefore we
must be obedient unto him upon pain of damnation.
3. All Right and Power are lodged in his Breast.
4. No Law can be made to bind Christians, but by the Pope’s Authority, as of old the Israelites
received none but by Moses.
5. The Gospel would not be the Gospel, if the Pope had not approved of it.
6. The Pope can take away any man’s Right, and give it to another.
7. The Pope can do anything, above all Right, against all Right and without all Right.
8. If Christ commands one thing, and the Pope another thing, the Pope is rather to be obeyed
than Jesus Christ.
9. The Pope’s Decretory Letters are to be received and esteemed as Authentic as the Word of
God or the Holy Scriptures.
10. It is Sacrilege to question the Pope’s Actions, and he is cursed of God who violates the
Pope’s censures.
11. If the Pope affirms that to be black, which our Eyes judge to be white, we ought also then to
declare, that it’s black, upon pain of our souls.
12. The Pope hath the sole Rule and Power of the whole World in Temporals as well as in
Spirituals, and therefore can depose Emperors and Kings, and may dispose of their
Dominions as he shall think convenient.
13. If the Pope shall depose a King and give his Kingdom to another, and the people will not
receive him, the Pope may bring him in by force of Arms, because he is Judge of all and
in [the] stead of God on Earth.
14. Not to believe that the Pope can depose Kings is [to be], and that deservedly,
damned for Heresy.
15. Christ had not done wisely if he had not left the Pope power to depose Kings.
16. If a King be a Heretic or favorer of Heresy he may be deposed.
17. If the Pope shall declare a King to be a Heretic, he hath no right to his Kingdom, and the
Pope may depose him.
18. The Pope can give the people liberty either to choose or take new Masters; by this means
they keep all Kings and Princes in their Obedience and Submission to the Pope.
19. All Protestants are Heretics, and therefore they ought to be killed.
20. It is better to make alliance and amity with [Moslem] Turks, [Communist] Infidels, or Jews,
than with [Reformation Bible-believing] Heretic Protestants [and Baptists], because they
may draw us into the errors of their novelties.
THE JESUITS CATECHISM, ACCORDING TO ST. IGNATIUS LOYOLA, A.H., (London:
John Lawrence, 1685) pp. 43-47.
Do you still think that those who teach the Ecumenical Jesuit Conspiracy are kooks, Alex?
Do you still laugh at those who say, the Vatican was responsible for the assassination
of J.F.K., Alex? Do you want to know one of the best kept secrets, Alex? The Vatican
holds the gold reserve for all the Elite Banking Families! Do you think it’s a coincidence
that it is the same Swiss Guard that guards The Vatican and The Swiss Bank?
It’s time to tell the Catholic People the truth, Alex? Are we not as Christians instructed in
Holy Writ, to “REVEAL THE MAN OF PERDITION”? After all Alex, your not afraid to tell the
Jewish People the truth! Make wise use of your gifts my dear brother, time is short!
March 24th, 2009 at 6:21 am
How to tell if what you are reading Or saying on the Freedom Net bothers the controllers?
1) Computer will shut down for no reason.
2)(at Home) 1-2, second full electrical outages while visiting freedom sites
3) sites like Guns over America or Alex Jones, etc., when linked too will show temporay out of service message. While local neighbors, still can link to it with same service.
These are threats at YOU! To stop doing what you are doing!
Please help bring this to the attention of Americans, and watch for the above acts against you to help prove this is happening in America against our freedom of Speech.
Report it Here or where ever we can make a dent to show it is happening.
THREATS will not stop Us!
March 24th, 2009 at 6:24 am
The above explainations are not just coincidence. They are THREATS at YOU!
You are not imaging things. Okay?
March 24th, 2009 at 6:26 am
What are they really?
They are small test runs on a Fire sale of the Internet systems including our utilities, an everything controlled by Computers.
Which is………..nearlly everything!
March 24th, 2009 at 6:57 am
E-Bomb
http://whatis.techtarget.com/d.....24,00.html
March 24th, 2009 at 7:01 am
2007 Internet crash – All data Lost!
http://www.youtube.com/watch?v=z4vDClhnJjs
March 24th, 2009 at 7:17 am
I doubt the Onion link is even credible- >>>>>>(Just using it as example)
The NSA has Super computers. They make the Internet look like well/
the differnce betwn the Internet & NSA super computers is like comparing apples & umm, Water-melons.
March 24th, 2009 at 7:19 am
china has the US on the Radar. They will be wiping us out with the Bird Flu to move right on in…research it http://www.thegrandawakening.com
March 24th, 2009 at 7:40 am
Instead of chump change. We can call the Chineese money “Chink-change”.
March 24th, 2009 at 8:13 am
This company calls for my son everyday I go to get him and they hang up before I get back please… Call this number 866-544-2755.. they are in INDIA but say they are in minnesota remeber it cost them 10 cents per minute and they will need a stimulus package if we keep calling them!!! Please post
March 24th, 2009 at 8:27 am
China proposed this one currency, but this is talked about by all the Leaders of the Nations.
Perhap the human race would have been far better off if man had not invented money.
And Jesus teaching his disciples said, a man cannot serve both God & Mammon. He told Gov. Pilate of Rome, if my Kingdom were of this world my servants would fight for me.
Jesus’s Kingdom is not of this world, the world of man.
March 24th, 2009 at 8:31 am
Lets getem This company a chase bank credit collections calls for my son everyday I go to get him and they hang up before I get back… Please… Call this number 866-544-2755.. they are in INDIA but say they are in minnesota remeber it cost them 10 cents per minute and they will need a stimulus package if we keep calling them!!! Please post please tell them they work for the problem!!!!!!!Tell them we are mad and will not take it anymore
March 24th, 2009 at 8:45 am
Maybe China should worriy more about the way they treat thier people,an allowing junk crap to be sent all over the world than worrying about our dollar,clean your own house up pricks.
March 24th, 2009 at 9:35 am
His most demanding statement in Chinese was “Zing ding dong dung ching chaow ping pong”
March 24th, 2009 at 10:32 am
Before America agrees to anything, we’d need to balance our own lack of currency issue. We don’t even use real currency for a medium of exchange in the first place. Federal Reserve Debt Notes should be replaced with currency that can’t be registered on the holding banks books as an asset in order to make loaning with interest possible. The chinese just don’t like conducting business from the liability side of the equation. Bummer for them, but explain why they’d encourage a new international currency.
free time Reply:
March 24th, 2009 at 12:26 pm
thats why the fed puts those serial numbers on all currency.
March 24th, 2009 at 10:55 am
They just questioned Bernanke and Geithner. They asked “China has just called for a World Currency controlled by the IMF, would you support replacing the dolar with this world currency” and they both said YES.
March 24th, 2009 at 1:16 pm
I love this authors last name.
March 24th, 2009 at 2:23 pm
Of course China would urge this…they are the holder for the biggest US debt in the world. and did you just hear thet the government has BLOCKED people of china from viewing Youtube? this is only the beginning.
March 24th, 2009 at 2:24 pm
Of course Bernanke and Geithner would say yes…..they are key players in the New World Order.
allie Reply:
March 25th, 2009 at 6:39 am
Obama doesn’t want this currency and nor does Bernanke and Geithener. They want the NWO Amero.
March 24th, 2009 at 2:26 pm
Eh, the IMF was already planning a global super currency, folks. Go look it up.
March 24th, 2009 at 5:06 pm
The same article is posted on the Bloomberg web site! China is serious about this…you people need to wake up…China is a major player for the Elite into making humanity slaves for the Global regime. A one world currency means a one world government! This was foretold thousands of years ago, and the very few have orchestrated to live out their lives to bring this about. Folks…our days are numbered. When will this happen? I don’t know when, but it will take place. Personally, I hope it never does while I’m still alive for the sake of my child. I’ll fight against a one world government with my every breath. But due to the stock markets fear; I have a gut feeling this is going to take place soon. If we loose the U.S. currency; that’s it, God Help Us!
March 24th, 2009 at 5:40 pm
Please remove the flashing aspect of the Obama Deception advertisement. It makes it impossible for me to view the web site, it makes me physically ill. Keep the ad. Just remove the rapid red and white strobe effect that is the same effect that is known to induce seizures.
PLEASE.
March 24th, 2009 at 8:00 pm
There already are THREE global reserve currencies in the world that are universially accepted in every country.
They are:
1. gold
2. silver
3. oil
The world does not need a fiat 4th one.
allie Reply:
March 25th, 2009 at 6:38 am
Yeah, like I can go to the store with my gold, silver and barrels of oil.
March 25th, 2009 at 6:38 am
What the world doesn’t need is the New World Order Amero!!
The dollar is being pushed into hyperinflation by the ecrime gang so they can introduce the Amero.
A new currency is needed. The only question is who will control it.
If this is a new currency that levels the playing field and that isn’t controlled by the Wash crime gang and their Tel Aviv partners, then it’s worth looking into.