New World Currency Sample Coin Given to G8 Summit Members

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By umkeyra

The Coin World Leaders Received at the G8 Summit

A Souvenir of the G8 Summit in L'Aquila

Having read about this, I just had to bring it to the attention of a wider audience.

At the recent G8 Summit in the Italian town of L’Aquila the World Leaders were presented with a gold 'test' coin as a souvenir gift. Normally, I would not think too much about this. Coins are minted for special occasions all the time, and G8 Summit conference was probably just another special occasion. I assumed that they could not think of a suitable parting gift that was safe to give all leaders at the conference, so they opted for a minted coin.

The Difference Is...
This is different however. There is already a well defined plan to bring a world currency into circulation and this 'test' coin is the first very public viewing. The final name and symbol for the new currency will be decided in a competition for children in 1000 schools throughout the world, organised by the Museo del Tempo. The first step started from the American School of Milan, and involved 640 students from 46 different countries. This competition has already closed on May 10th 2009 and the entries are currently being judged. It appears that this world currency project has been already started and has now progressed to a fairly advanced stage. The United Future World Currency web site has details of the project and this article explaining how they intend to move forward with introducing the world currency.


The Call for a Global Currency
Prominent public figures have been calling for a global currency for years and since the economic crisis in 2008 there have been many more voices added to the call. At the G8 Summit, Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency" See the 10th July article on Bloomberg

Huge Shift
Any change in the world currency would need a huge amount of planning and organisation. The countries that currently base their oversewas trade on the US dollar would need to move away from using this as the basis for their exchange rate and move towards this new currency. I vaguely remember in the early 1970's when the United Kingdom changed it's currency from the old pounds shillings and pence to the new pound and pence. It took years for the population to get used to the new currency and there were even card games designed to help people move towards identifying and using the new currency effectively.

Design
Luc Luycx is the man who has designed the coin shown above and he has also designed one of the sides of the Euro coin. Note the initials of double letter L on both coins which show that he was the designer.

Intelligent Design

According to the website, it is planned for the currency to undergo an important public test run at the 2015 Milan Universal Expo. and before this date it is intended for an 'intelligent' currency to be developed that is recognised by devices, mobilephones etc., It remains to be seen whether this 'intelligence' is at a sufficiently advanced stage for it to be built into the coins and notes of the New World Currency.

Not Heard of This New Currency Yet?

If you have not yet heard of the impending introduction of this new currency then I wonder why not. You would have thought that an event this big would have more news coverage. It will have a large impact on every country in the world, whether they adopt the currency or not. If they do not adopt it, the basis for world exchange rates is changing from the US dollar to this new currency. No country can hope to be an island in the face of such global financial pressure. All countries need trade and currency exchanges.

Surprised? No.
Actually, I am not surprised that you may not have heard about this currency change. I suspect that the only way to get it accepted globally is for it to become a foregone conclusion. The cost to individual countries of such a worldwide currency change is staggering and the logistics are mind-boggling. If you were running a country, wouldn't you prefer to save money and keep your old currency - the one with the head of state of your country on it or some other patriotic figure that represents something to your citizens.

But Why?
We can only speculate the reason this new currency is being introduced, however I am sure there are some very powerful people in the financial sectors who are pushing hard for this to happen and I think they stand to make a great deal more money out of its inception. The reasons I have heard have been that it would be good for trade to have a global currency but I suspect that there are some other more pressing reasons for such an ambitious plan. I will be interested to find out in the coming years between now and the 2015 Milan Universal Expo how much publicity this new currency receives.

New addition.. Treaty of Copenhagen.
If you believe that we are moving towards a one-world government, then you may be interested in signing this which is all about the draft Treaty of Copenhagen, to be signed in mid-December 2009. This treaty would create the one-world government that many people are concerned about. Take time to investigate further and find out what - if anything - there is to be worried about.

Your Views on a Global Currency

Do you think a Global Currency is a good idea?

  • Generally, Yes
  • Generally, No
  • I am concerned about why this is being introduced, what motivates it.
  • It will help the global financial situation.
  • One currency, one world order
  • Totally impractical
  • Our country wants to keep its currency
  • Something else (Please comment)
See results without voting

Comments

Man from Modesto profile image

Man from Modesto Level 6 Commenter 2 years ago

Like the new penny, the phrase "In God We Trust" is gone.

The new dollar coins also lacked it initially-- but was added in retro. They put the phrase on the rim.

mosesm 2 years ago

There is pressure to change the world economic policies, this pressure is mounted by the fact that the recession has shown new rules are required to govern the world economie and countries like China are emerging as power persuaders of policies. So, I think China will play a role on influence of currency direction. Refer to The China Model http://hubpages.com/hub/The-China-Model to see the intake on how China will influence the next move on world currency.

Toronto12 profile image

Toronto12 2 years ago

This is a dangerous move. It's moving us towards one currency, one bank, one government. It will the be end of National Sovernty.

It's makes it easier for the United Nations, the Trilateral Commission and the banking super elite to control the populous. I know this sounds extreme but it makes sense. To learn more you can research websites like www.infowars.com

umkeyra Hub Author 2 years ago

I dont think it is extreme at all and I think that this is what it is all leading to. There are many examples of how we are being 'herded' into losing our freedom and our civil liberties and rights. These are being slowly eroded away a small piece at a time.

It will be a massive feat of global manipulation if they manage to get the one world currency working properly. I wonder if they are up to the challenge?

Universal Laws profile image

Universal Laws 2 years ago

We are not going to allow it, are we?

Everyone needs to be on their blueprint and in action, Now is the time.....

Namaste

umkeyra Hub Author 2 years ago

Unfortunatately, there are many many people who are still asleep. They have not woken up to the fact that we are being gently lulled into a sense security.

They also think that the government are on our side and are working towards a better world. Yes..... a better world for the few who are in power but not for the masses who are just pawns in a huge chess game. Anyway....

jlspartz 2 years ago

Good hub! The reason why is simple actually. It was discussed in leaked information from the Bilderberg 09 meeting. There is a world reserve right now, and when nations are in trouble with their economy or national banking system they can dip into if needed, which does not happen often. The reserve right now is in US dollars, and when it lost a lot of value and with faith in it slipping, it was definitely a point to discuss. There were talks of using the Euro, Gold, or a world currency instead, with the world currency being the most promoted. The G8 summit took place after that. There are also plans for a World Health Organization.

DennisBarker profile image

DennisBarker 2 years ago

There is a limit to how much central global power is useful, and I feel, we have reached that limit. Any extension into cashless society with global currency cannot be a good thing.

Amanda Severn profile image

Amanda Severn Level 3 Commenter 2 years ago

I wonder what exactly the agenda is here. I can understand the need to replace the current set-up where money is largely an invention on a balance sheet, but if the slate were to be wiped clean, and we were all to start again with a new currency, how would this be allocated? In Britain we've fought shy of joining the Euro, and I'm not sure how this coin would be any better.

advoco profile image

advoco 2 years ago

A terrible idea. The Euro has been bad enough for most of the participants but a world currency? The mind boggles.

MARIE 2 years ago

Americans need to WAKE UP~~~The goverment calls the American people who not the elite useless eaters. I am not a useless eater I work pay my bills and look forward to seeing my grandchildren grow up. The American Goverment that some people are so stupid to beleive they r going to help the poor~~sorry to tell folks it's a joke they just want a way to control you. Think about look around how many people are on welfare, food stamps and it mostly the poor and middle class~~so you know the goverment knows everything about~~the mark of the beast is coming fast and the poor will be the first to take the mark knowing or not knowing folks wake up lets change our country back to what it was founded on helping each other without taking control of one anothers lives~~I will say it again WAKE UP AMERICAN PEOPLE

Madame X 2 years ago

I agree with Toronto - it will lead to the end of national sovereignty, and subsequently individual sovereignty. Very, very bad move.

Excellent article!

armchaireconomist 2 years ago

After the FHMA & FHLMC debacles, the implicit and explicit guarantee of the "Full Faith and Credit of the United States Government", has lost some of it's credibility especially after China and others lost big with our "quasi-agency", Mortgage-backs.

Those trillions of dollars being loaned to us both now and over the last few years are just that, "dollars"; which means some REALLY BIG currency risks.

By temporarily borrowing our way out of the effects of "The New Greater Depression", we've given our creditors lot's of economic clout that's being used to protect themselves, which is pretty-much understandable.

A common currency makes sense(I just really frightened me!)for the same reason a Mutual Fund does, especially considering the last years econo-news headlines.

rolldaddy 22 months ago

All americans need to wake up and smell the coffee. This is part of a global takeover! The new world order. Be prepared for tyranny.

N v 21 months ago

Mark of the Beast one world leader antichrist

Petra Vlah profile image

Petra Vlah Level 3 Commenter 20 months ago

Introducing the Euro as the new currency of Europe had a negative effect on regular people and small businesses, but as usual, nobody cares for the little guys. The powerful will profit, the rest of us will suffer, but what else is new?

The world of finances is in such mess, that they actually need to do something to make the decifit go away or at least to find someone or something to blame it on.

David Watson Hood 15 months ago

There is no such thing as money it is not a commodity. All that a coin or a number on a bank balance really is is an acknowledgement of a right of access to a quantified amount of resources given by those who control those resources to those that do not, for services rendered or for goods exchanged. Having that aforesaid control of resources is usually a matter of having been more aggressive a thief than others at some past date. I suspect why so many people in the USA and UK etc. get so agitated about the naming of units, within this entirely conceptual construct of money, is at root the totally fallacious belief that all resources should be under the control of those they for some irrational reason identify as being part of their divinely chosen master race. It is about time we realised that the world and its contents do not actually belong by right to any of us.

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