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United Nations Calls for One World Currency: Nostradamus Correct?
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by PAIR A NORMAL GUYS INC | September 8, 2009 at 10:20 am
6006 views | 25 Recommendations | 17 comments
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The United Nations has suggested that the current fom of currencies around the world are not working and there is a need for a one world currency. This would also in my opinion be the begining of the New World Order. More interesting then that is Nostradamus predicted in one of his quatrains of an Anti-Christ wearing a "blue hat" or "blue turban".
The specified Quatrain is 9:73
" The Blue Turban King entered into Foix,
And he will reign less than an evolution of Saturn:
The White Turban King Byzantium heart banished,
Sun, Mars and Mercury near Aquarius.
The United Nations outfits their personell with blue helmets during U.N. missions.
Was Nostradamus correct yet again? Seems very possible.
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PAIR A NORMAL GUYS INC
TORONTO, Ontario, Canada
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Most RecentMost Recommended Comments (17)
at 11:04 on September 8th, 2009
yeah Its called the amero the currecy in question
at 13:19 on September 17th, 2009
United Nations created the Commission for Global Governance.
The Commission for Global Governance released a report: Our Global Neighbourhood, that predicates a world court, a global tax, and global police force. And the U.S. State Department Publication 7277 outlines a one world police force under the United Nations.
The coming one world government is being set up in the political arena under the flag of the United Nations, through organizations such as the Trilateral Commission, Council of Foreign Relations, the Royal Institute of International Affairs, the Bilderbergers, and the Club of Rome whose members include many world leaders, media personalities and other influential people. The published goal of the Council of Foreign Relations for example is a one world government.
at 11:17 on September 8th, 2009
Apart from the Nostradamus allusions, this is an interesting story. What would be the global advantages or disadvantages to having a global currency?
at 11:41 on September 8th, 2009
The advantage would be an equalisation of trade.
Lets see if I can make this not too overly complicated.
If you have a national currency and you want to go on holiday to, say, Spain - you then need to exchange that currency at the going rate. Pure fiction figures but, let's say the US dollar is worth 0.58 Euros. So you need to buy Euros at that rate, which is then converted on a daily basis depending on how the currency markets are doing.
That is how it happens now - and global trade is paid for by US dollars - SOOOOO, if you buy 1 barrel of oil today and the rate is 50 bucks a barrel and the Euro is worth .35 you start to get a complexity that really doesn't need to be there.
Added to that - the US really doesn't need to care about the size of her deficit - she can simply raise rates to compound and offset any borrowing she needs to make. That means that the trade (global) will always favour the US.
IF you have a single world (trading) currency then that makes things very different because you then have a more equal playing field - ie, the US will then have to use the same currency which in turn will make them have to balance the books.
Disadvantage is that IF someone crippled that currency then all nations would not be able to trade out of a depression/recession by manipulating their own currency for a trade advantage.
Add to that - if you want to make a world trade currency work - the whole of the worlds debt would have to be written off in one swoop.
Sorry too long, but it really is much more complicated than that - I tried to make it as simple as possible.
As for Nostro' his quatrains have been proven to be wrong and more bunkum than actual prophecy.
at 12:10 on September 8th, 2009
Thank you Cynic for the explanation
Wikipedia has a good page about it. And the concept of world currency is quite complicated. For example, most modern currencies have an interest rate, but Isalm is against paying interest for loans.
Loss of national monetary policy
One currency can only be provided by two institutions printing and setting the interest rate on money deposited or lent to banks. However, the central bank is a lender of last resort, and is not, contrary to popular belief, involved in most transactions involving money. The interest rate set by the central bank only indirectly determines the interest rate customers must pay on their bankloans. Given that private firms or persons see different risks with different lendings the interest rate can be very different from one investment to the next, from one person to the next, or one country to the next. In general lending to poor involves more risk, and you need higher interest to compensate for that risk. Still only one set of politics for interest can be made at any time by one central bank. A bigger currency area will generally have less chance of using interest rate to stabilize the economy, because different areas may be in different stages in the boom-bust cycle, and the interest rate setting must be a compromise between the interests of the different part of the currency area.
This topic defintely has a lot of considerations.
btw: From what I have read, Nostrodamus was an astrologer and his predictions are mainly the willingness of readers to mold his writings into self fulfilling prophecies, and are not considered to be valid similar to astrologers today. I admit I have read "my sign," but usually the wording is general and can be conformed to fit into something relating to me. LOL But it's not an exact science, so I view it as merely entertainment. "What's your sign?" Not to forget the ever popular conversation starter.
at 14:05 on September 17th, 2009
christ is comming. are you prepared??
at 13:01 on September 8th, 2009
This is indeed a complicated issue. Detlef Kotte alludes to how difficult a changeover would be. The G20 is not touching it and if it came to a resolution vote in the UN we have the problem with vetoes of permanent members. So as far as I'm concerned this is a non-starter. There was quite a population uproar when most EU union member states changed to the Euro. Imagine changing to a world currency.
at 13:24 on September 8th, 2009
Very true alberta however the undeniable fact is even with an uproar those nations did succumb to the Euro. I also am wondering if this news will cause gold stocks to skyrocket?
at 15:28 on September 8th, 2009
Yes it's true that they did succumb to the Euro. It was voted on by the European Parliament and then ratified by individual nations in Europe. In this case the politicians of Europe joined forces and made it happen. Several years after the introduction of the Euro there is not a lot of talk of it anymore.
My point above was that with the UN Security Council permanent members having a veto, I don't see this happening. Many nations are already calling for a change in world currency. The UN is just articulating what is already out there.
at 13:40 on September 8th, 2009
Gold already went up today to $1,006, and they said it might go higher. By comparison, though, it went up to the equivalent of over $2,000 once in the 1980s.
at 15:45 on September 8th, 2009
As a trading currency I can't see a real problem - well not unless you're holding US dollars.
As I said before - the world trading currency at the moment is the USD.That leads to a specific advantage to the US and detriment to other trading nations.
The Arab states, Russia, China have all looked at asking for goods to be bought using the Euro - though I don't advocate the Euro as the worlds trading currency.
There is nothing stopping a world trade currency that countries can borrow, spend, pay back - what it would mean is the IMF and The World Bank would have a larger say, and to the point of gold - this could, but not a guarantee lead back to the days of the gold standard itself.
Ask Ron Paul about that one.
One major problem you do have is that the USD is much-a-kin to gold. All there on the internet if you want to be bored out of your skull reading it - but you could always start with Bretton-Woods. (Wiki-link)
at 18:08 on September 8th, 2009
We have a universal currency and have had it for thousands of years, GOLD!
Course if the standard would become Rain and Snow, Back Bacon, Canada would Rule!
at 11:39 on September 9th, 2009
this is not new news: ........ www.futureworldcurrency.com/ .......... freelakotabank.com/ ......... and also, as others mentioned, the "Amero", and of course, gold & silver.
at 11:26 on October 7th, 2009
“A global economy requires a global currency.” — Paul Volcker, former Chair of the US Federal Reserve
at 11:29 on October 7th, 2009
at 11:08 on November 20th, 2009
Nostradamus correct? How about the Lord correct? It's all in the bible, great book! There is only one way to Heaven, and that is through Jesus Christ. What can Nostradamus do for me? Yeah, I think I'll stick with Jesus. JESUS IS LORD!
at 07:38 on November 30th, 2009
If Nostradamus is refering to the UN then he implies that the UN from construction to present time has reigned for less than an evolution of the planet Saturn. However it takes Saturn about 30 of Earth years to revolve once around the sun. Now the UN was created in 1945. Therefore if Nostradamus was refering to the UN he was speaking of the UN about 30 years from 1945 which is not modern times.