The New Push for a Global Currency

This is latest research paper by IMF , talking about NEW GLOBAL CURRENCY(bankor)

http://www.imf.org/external/np/pp/eng/2010/041310.pdf

At IMF , it is given by Reza Moghadam of the Strategy, Policy, and Review Department, "in collaboration with the Finance, Legal, Monetary and Capital Markets, Research and Statistics Departments, and consultation with the Area Departments." In other words, this paper shouldn't be ignored.

it has unmistakable stamp of keens:"a global currency banker, issued by global central bank would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy. . .The global central bank could serve as a lender of last resort, providing systemic liquidity in the events of adverse shocks and more automatically than at present."

as we see from above, the same mistake is happening again, and this will going to affect whole world, and inviting next crisis not from housing bubble or stock market crash, it is going to be "SOVEREIGN DEFAULT".

we have solution, that is
"private currencies traders the world over could, on their own, give rise to a new currency rooted in GOLD and traded by means of digital media."

but Government cracked down and stopped this solution,
governing elites have decided that there will be no currency reform unless it comes form the marble palaces of monetary elites.

lets see, When there will be a REVOLUTION?????