The Chinese proposal, outlined this week by central bank governor Zhou Xiaochuan, calls for a “super-sovereign reserve currency” under IMF management, turning the Fund into a sort of world central bank.
The article above, in the Telegraph Newspaper, is reporting on suggestions by the Chinese government, with some support from America, for a type of ‘World Currency’.
It is interesting that the readers below it, who’s comments can also be seen, are comparing the ‘one world currency’ with ‘one world government’ ‘the end of days,’ and ‘Christ’s Return’
One Country, the Baha’i International Community’s newsletter, in 1999, ran an article on this very theme, quoting Shoghi Effendi, Guardian of the Baha’i Faith, in 1936:
In an age when international interdependence and integration are increasing on all fronts, a “uniform and universal system of currency” is one of a number of complementary measures that will help to “simplify and facilitate intercourse and understanding among the nations and races of mankind,” as Shoghi Effendi, who led the worldwide Bahá’í community from 1921 to 1957, wrote in 1936.
The entire article is very interesting as it talks about other aspects of a world currency, including the ’spiritual dimension’:
The Telelgraph article comes as the G20 summit in London, comes to a close, led by British Prime Minister Gordon Brown, hails the coming of a ‘New World Order,’ as coined by Baha’u'llah, the Founder of the Baha’i Faith in 1873…
As Bob Dylan sings…. “the times they are a-changin‘.”
This is an important development. I see a partnership between China and the US as being the beginning of the development of a consentual world system for dealing with important global issues. Another issue I would like to see addressed on a global scale is the Israeli/Palestinian issue. We’ve come to a dead-end in the attempt by the US to broker a deal. What is needed is a long-term, comprehensive and legitimate global initiative that I see as being lead by China and the US and gradually building a world consensus for resolving all aspects of the issue.
I agree….it’s exciting times Martin!