One-world currency emerges … again
‘Acmetal’ considered as solution to global economic recession
Jerome Corsi - March 16, 2009
Canadian economist and Nobel-prize winning professor Robert Mundell, who is credited with formulating the intellectual basis for creating the euro, is pushing for a one-world currency, Jerome Corsi’s Red Alert reports.
“This prominent endorsement is yet another indication that globalists are advancing global governance and structures, including the idea of a global currency, as solutions to the worldwide economic recession,” Corsi writes.
Mundell has endorsed Kazakhstan President Nursultan Nazarbayev’s idea to create the “acmetal” as a world currency.
“I must say that I agree with President Nazarbayev on his statement and many of the things he said in his plan, the project he made for the world currency, and I believe I’m right on track with what he is saying,” Mundell told the Australian News.
Nazarbayev and Mundell called on the G-20 to form a working group to study the proposal at its April 2 meeting in London.
Nazarbayev explained that his coining of the name “acmetal” comes from the Greek word “acme,” meaning “peak” or “best,” and “capital.”
A one-world currency presupposes the creation of a one-world central bank that would manage the currency, thereby superseding the authority of nation-state central banks, such as the Federal Reserve in the United States and the European Union Central Bank, Corsi writes.