World Bank chief calls for a return to the gold standard

Monday, November 8th 2010 - 15:48 UTC

Full article 6 comments

World Bank President Robert Zoellick has called on bickering G-20 nations to bring gold back into the global monetary system as an anchor to guide currency movements. Read full article

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xbarilox
The world must leave Americans alone with their green papers. They are the real fault, but on the face of this planet.
Nov 08th, 2010 - 05:30 pm - Link - Report abuse 0
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El Supremo
Hardly, #1. This is a global problem created and perpetuated by ALL players. No one country these days has the power (monetarily) to be given all the blame. Now would be the time for fact-based objective analysis and solutions, not a bunch of rabid blame-gaming for whatever political or personal purpose.
Nov 09th, 2010 - 10:34 pm - Link - Report abuse 0
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xbarilox
El Supremo, you repeat phrases, you don't know what's behind it.
It's not hardly, this is a glogal problem created by ALL players including my country paying for this country's debts firstly by using their money. That's why we use the DOLLAR, you gagger! Or what do you think, because green is pretty?

“The dollar's status as the world's reserve currency has become a facet of U.S. power, allowing the United States to borrow EFFORTLESSLY and sustain an assertive foreign policy.” Effortlessness that we pay for.

http://www.cfr.org/publication/22408/how_dangerous_is_us_government_debt.html

http://www.cfr.org/publication/22408/how_dangerous_is_us_government_debt.html

The U.S. is already bankrupt because it has a debt that is almost four times the size of its economy, but like a shark without the stomach, it's still eating and shaking.
Nov 10th, 2010 - 12:13 am - Link - Report abuse 0
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El Supremo
Are you saying this is exclusively a US problem? Created by them alone? Perpetuated by them alone? With no other parties whatsoever at fault? And, if I may say so, please try to resond without the insults ... it really does nothing good for your argument. Taking more time to create understandable sentences would help, too.
Nov 10th, 2010 - 01:19 am - Link - Report abuse 0
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xbarilox
@ El Supremo # 4
“El Supremo”, the perfect name for a jester.
How old are you? This is not my argument, this is all over the internet, that's why the links, you silly goose! I won't bother responding to your inane comments anymore, until you learn something about Finance and Economy. You're not mentally competent to understand what you read.
Nov 10th, 2010 - 02:19 am - Link - Report abuse 0
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El Supremo
Not a problem. No one, except yourself, made you 'bother' to respond in the first place. However, I will enjoy basking in the radiance of your superior intelligence, as you presume to display.
Nov 10th, 2010 - 03:22 am - Link - Report abuse 0
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