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Gold-based International Monetary System?

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http://www.wnd.com/news/article.asp?ARTICLE_ID=55595

"Reckless U.S. fiscal policy is undermining the dollar's position even as the currency's role as a global money is expanding," he notes.

Steil imagines the ultimate solution is to privatize a global currency through a gold-based international monetary system.

"A new gold-based international monetary system surely sounds far-fetched," he concludes. "But so, in 1900 did a monetary system without gold. Modern technology makes a revival of gold money, through private gold banks, possible even without government support."

http://en.wikipedia.org/wiki/Council_on_Foreign_Relations

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  • 356 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


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