Joseph E. Stiglitz, Chairman of the United Nations Commission of Experts on Reform of International Finance and Economic Structures recommends to the U.N. General Assembly that the United states “dollar” be displaced as the world’s sole reserve currency, and replaced with a “basket” of reserve currencies such as the Special Drawing Right, of the International Monetary Fund, or the disbanded European Currency Unit, of the European Union.

       NOTE: This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.

       [added 10/24/2021] Thanks to G. Edward Griffin for this entry.

Subsequent Events:

4/2/2009                   4/3/2009                    4/5/2009                      4/20/2009                  5/27/2009

6/7/2009                    7/1/2009                   7/20/2009                    8/7/2009                    9/7/2009

12/15/2009                9/23/2010                 12/14/2010                  8/14/2013

References:

PRESS CONFERENCE BY COMMISSION OF EXPERTS ON INTERNATIONAL MONETARY, FINANCIAL REFORM RECOMMENDATIONS TO GENERAL ASSEMBLY
www.un.org/News/briefings/docs/2009/090326/_GA.doc.htm

U.N. panel says world should ditch dollar | U.s. | Reuters
www.reuters.com/article/newsOne/idUSTRE52H2CY20090318

Communist Manifesto 10 Planks
www.libertyzone.com/Communist-Manifesto-Planks.html

Current U.s. National Debt:

$36,167,124,467,492

Source