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    Posted November 18, 2008 by
    AmeroWatch

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    CNBC: Call for "One-World-Currency' and 'Global Bank'

     

     

    Joseph Stiglitz from Columbia University calls for a One-World  'Global Currency' that would be a combination of all of the worlds currencies. Much like the FED creates money out of thin air for the US, a 'Global Bank' would be able to create a 'Global Money' out of thin air for the entire world.

     

     

    http://www.cnbc.com/id/15840232?video=912963848

     

     

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