Malaysia’s Mahathir proposes common East Asia currency pegged to gold – Reuters

KW: There is increasing rebellion amongst global leaders particularly Asia- mid East due to the over bearing bulling and economic threat the U.S poses to global economies. The movement away from the dollar-based international monetary system is gathering speed. The latest move comes from Malaysian Prime Minister Mahathir Mohamad. Last week he promoted the idea of a common trading currency for East Asia that would be pegged to gold. “The currency that we propose should be based on gold because gold is much more stable,” he said.

Source: Malaysia’s Mahathir proposes common East Asia currency pegged to gold – Reuters

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