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Home Front Economy
CFR chief: Monetary nationalism, sovereignty should be abandoned
2007-05-09
The director of international economics at the Council of Foreign Relations has launched a scathing attack on sovereignty and national currencies.

Benn Steil, writing in the current issue of CFR's influential Foreign Affairs magazine, says "the world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn."

In the article, "The End of National Currency," Steil clearly asserts the dollar and the euro are temporary currencies, perhaps necessary today. He argues "economic development outside the process of globalization is no longer possible."
Posted by:Anonymoose

#3  LOL B.S. :)
Posted by: JohnQC   2007-05-09 16:55  

#2  And a hale and hearty FUCK YOU to you, too, Mr. Seig Heil Steil.

Blow it out your tranzi EUro-loving ass.



Oh, dear - do you think that was too harsh?

Good.
Posted by: Barbara Skolaut   2007-05-09 16:43  

#1  It's getting time to consider the CFR a subversive element that needs watching the way the Communist Party USA was watched.
Posted by: 3dc   2007-05-09 14:48  

00:00