One of the many bizarre things to come out of the G8-and-then-some talkfest is this odd suggestion from Russian President Dmitry Medvedev…the hoary old chestnut of the single world currency  has been floated again.
The Russian leader proudly displayed the coin, which bears the English words “United Future World Currency”, to journalists after the summit wrapped up in the quake-hit Italian town of L’Aquila.
Medvedev said that although the coin, which resembled a euro and featured the image of five leaves, was just a gift given to leaders it showed that people were beginning to think seriously about a new global currency.
“In all likelihood something similar could appear and it could be held in your hand and used as a means of payment,” he told reporters. “This is the international currency.”
Yes Mr. Medvedev, we all want to share in Zimbabwe’s inflation rate. Yes Mr. Medvedev, we want to start World War Three with the negotiations over how many “global-euro-world-dollar-cent-yen-paso-Medvedevs” our existing currencies should be worth. Yes Mr. Medvedev, I believe so strongly, utterly and thoroughly convincingly that this couldn’t possibly have anything to with the fact that an Aussie dollar can buy 25 of your Rubles whatsoever…you would never suggest anything just to get rid of that awful figure.
I have emailed the article to Maritz in the hopes that she has something to say on the matter in her column tomorrow. Although, I’m not sure if she will see the email as I think she has already left for her holiday. I hope she does though, because she isn’t a fan of Dmitry Medvedev.
Thanks to Heather Kydd for bringing this story to my attention.