Putin wants one currency | Forex Factory

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Putin wants one currency

  • #1
  • First Post: Mar 17, 2009 9:29pm Mar 17, 2009 9:29pm
Don't see this happening......

http://www.themoscowtimes.com/article/600/42/375364.htm
  • #2
  • Mar 17, 2009 11:24pm Mar 17, 2009 11:24pm
That prof. Rob Mundell also wants an international currency called the "intor" from the word international and the French word for gold.

Quite a biography - http://www.robertmundell.net/news/ma...&To=12/01/2020.
History is written by the victors.
  • #3
  • Mar 18, 2009 1:13am Mar 18, 2009 1:13am
Interesting that some people are talking about the Euro tanking while some others are saying "hey, that currency idea that's really unpopular right now, let's try it using more f@#king countries!"
Not all sins are created equal
  • #4
  • Mar 18, 2009 1:35am Mar 18, 2009 1:35am
Quote
The Kremlin document also called for national banks and international financial institutions to diversify their foreign currency reserves.

Let me translate this for ya:

"Hey guys, how about we create one giant currency... not the US dollar... some currency, and use it instead?! Oh, you don't like the idea of a giant currency? Ok. Then how about you just "broaden your reserves" by holding something other than US dollar? Like what? Uhm... well Russia has a currency, how about you try that?"

It's basically an attempt to...
1: Combat the USD reserve status
2: Get some inflation protection for Russia's currency (WTF was it called again?).
  • #5
  • Mar 18, 2009 2:55am Mar 18, 2009 2:55am
Putin is also really short and has small mans complex.
Just Trade It
  • #6
  • Mar 18, 2009 3:05am Mar 18, 2009 3:05am
Quoting Big Wave Rider
Putin is also really short and has small mans complex.
You took the words right out of my mouth. I'm surprised no one mentioned this obvious, relevant fact yet.
  • #7
  • Mar 18, 2009 3:05am Mar 18, 2009 3:05am
"Both President Dmitry Medvedev and Prime Minister Vladimir Putin have repeatedly called for the ruble to be used as a regional reserve currency, although the idea has received little support outside of Russia."

Well, I wonder why. No western leader with their mind right would consider anything like that.

"Yes, Putin, of course will our country turn bln's of €€ into your corrupted ruble, splendid idea" Oh sorry, I forgot that Putin isn't in charge over there anymore
Measure twice, cut once
  • #8
  • Mar 18, 2009 3:32am Mar 18, 2009 3:32am
Quote
"Yes, Putin, of course will our country turn bln's of €€ into your corrupted ruble, splendid idea" Oh sorry, I forgot that Putin isn't in charge over there anymore.

LOL. Pretty much. One way or another, everyone's always trying to get their hands on your money.
  • #9
  • Mar 18, 2009 3:52am Mar 18, 2009 3:52am
Quote
The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.

Wtf is Kremlin? Do they mean those guys?

http://2.bp.blogspot.com/_Bgpm_5HIgL...00/gremlin.jpg
  • #10
  • Mar 18, 2009 4:20am Mar 18, 2009 4:20am
Quoting Rabid
LOL. Pretty much. One way or another, everyone's always trying to get their hands on your money.
I see a correlation with loads of money and having a daughter; you need to sleep with one eye open !

Quoting Tjpld
Wtf is Kremlin? Do they mean those guys?
Haha, maybe.
Measure twice, cut once
  • #11
  • Mar 18, 2009 5:43am Mar 18, 2009 5:43am
Quote
Wtf is Kremlin? Do they mean those guys?
Hahaha... mebbe. Always remember the 3 rules of "we're not communist anymore, dangit!" ...

1. Never let them near bright light, especially sunlight, as that's deadly.
2. Never let them touch water.
3. Never, ever, feed them after midnight.

Or they'll turn back into evil communists and one guy might end up ruling the country or something.

Edit:
Can you see the family resemblance?

http://i41.tinypic.com/2952ruh.jpg

http://i39.tinypic.com/1479tg.jpg
  • #12
  • Mar 18, 2009 1:09pm Mar 18, 2009 1:09pm
Putin looks like the leader of an organized crime family...

oh wait, maybe he is!
lowest draw down possible please.
  • #13
  • Mar 18, 2009 1:10pm Mar 18, 2009 1:10pm
he def. is, one of the most powerful people in the world.
{Promotion Removed}
  • #14
  • Mar 18, 2009 2:07pm Mar 18, 2009 2:07pm
Quoting Rabid
Let me translate this for ya...

Get some inflation protection for Russia's currency (WTF was it called again?).
Uuhhhh, the Rubble?
FUBAR...
  • #15
  • Mar 18, 2009 6:22pm Mar 18, 2009 6:22pm
Quote
Uuhhhh, the Rubble?

Hahahaha... It was a joke, you weren't really supposed to answer that.
  • #16
  • Mar 18, 2009 7:04pm Mar 18, 2009 7:04pm
Quoting Rabid
Hahahaha... It was a joke, you weren't really supposed to answer that.
Gotcha... I added a "b".

You wanna buy a vowel?
FUBAR...
  • #17
  • Mar 18, 2009 7:10pm Mar 18, 2009 7:10pm
Hrm. Can I buy a U?
  • #18
  • Mar 18, 2009 8:45pm Mar 18, 2009 8:45pm
Quoting Rabid
Hrm. Can I buy a U?
That'll be 4 intor please, or about 230,000,000,200 rubbles
  • #19
  • Mar 18, 2009 9:14pm Mar 18, 2009 9:14pm
Hey, that's a 200 ruble spread!

According to Google...
1 Russian ruble = 0.029445 U.S. dollars

LOL. 34 rubles to the dollar.
  • #20
  • Mar 18, 2009 9:53pm Mar 18, 2009 9:53pm
Quoting Rabid
Hey, that's a 200 ruble spread!

According to Google...
1 Russian ruble = 0.029445 U.S. dollars

LOL. 34 rubles to the dollar.
I guess my crap math produces crappier results than I thought, haha.
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