And even after reading this article, most will dismiss this as being something normal, part of the way the world is going. They will argue, that we are not in the last days. Blinded by the Spirit of Unity.
Meet the ‘father of world currency’
Robert Mundell masterminded China plan to destroy dollar
By Jerome R. Corsi
© 2009 WorldNetDaily
 Robert Mundell |
Jerome Corsi’s latest book “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty,” available in an autographed edition from WND, devotes Chapter 7 to “The Plan to Destroy the Dollar.” This is the first in a series of articles by Corsi on the demise of the dollar.
A plan to replace the dollar with a world currency originated with Columbia University economics professor Robert Mundell, who won a Nobel Prize in economics in 1999 for creating the euro and is now widely regarded as “the father of the euro.”
Mundell, currently an economic consultant to China, is the originator of the suggestion that the International Monetary Fund should utilize Special Drawing Rights, or SDRs, to replace the dollar as a new standard for holding foreign exchange reserves in international trade transactions.
SDRs are international reserve assets calculated by the IMF in a basket of major currencies allocated to the IMF’s 185 member nation-states in relation to the capital. The assets are largely in gold or widely accepted foreign currencies the members have on deposit with the IMF.
As far back as June 2008, Mundell was telling Reuters a major dollar crisis would come within five years, and China was discussing with him proposals to reform the global monetary system.
