Global Currency talk gains steam…
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G-20 Should Seek Global Currency ‘Harmony,’ Larosiere Says
Sept. 28 (Bloomberg) — Leaders of Group of 20 nations must build a “more harmonized” global currency system to prevent the risk of competitive devaluations, said Jacques de Larosiere, author of a European report into the roots of the financial crisis.
“We have an international monetary system that doesn’t function well,” de Larosiere, the former head of the International Monetary Fund and the Bank of France, said today in an interview with Bloomberg Television in Brussels. “It’s a real concern.”
myBlessedHope 