IMF Propose New ‘Federal Reserve’ type World Bank to Issue Global Currency Called the BANCOR!

Nice to see that many who were called “nuts” and “loons” were not as crazy as others thought after all – and Soros CAN pull it off – regime change by fiat.

Dave Derby – The Sovereign Independent – 20 March 2011

Conspiracy theory eh? Well the IMF recently proposed the introduction of a new Global currency – issued by a world bank – called the BANCOR which would replace the Dollar as the worlds reserve currency and the official IMF document can be downloaded from here. Russia, China and various other nations have openly been calling on the IMF to introduce a new global currency to replace the failing and collapsing dollar, amid fears that the dollar reserves which they hold will very soon be devalued to the point where it would place these nations in serious deficit.