World cheap nike shox Bank President Robert Zoellick, the need to reform the international monetary system

World Bank President Robert Zoellick, the need to reform the international monetary system abercrombie fitch World Bank President and the United Kingdom, Robert B. Zoellick, proposed again in Paris to consider the world of gold (1404.50, -1.10, -0.08%) as a basic reference point in the world currency, and reform the international monetary system as an option. Zoellick met the day at the nike free running shoes Elysee Palace, Abercrombie and Fitch Nike takes French President Nicolas Sarkozy told reporters after he and Sarkozy discussed the reform of the international monetary system and the corresponding recommendations. Tiffany said was in the British "Financial Times" published the article does nike shox not advocate a return to gold, but gold is recommended as a basic reference point for measuring the relationship between different world currencies. He stressed that the proposal nike 6.0 has nike lunarglide important differences with the return of the gold standard, gold standard currency is directly pegged to gold. Zoellick recently in the Financial Times article that nike store called for amending the existing "second generation of the Bretton Woods system." He advocated "consider gold as inflation, deflation and monetary value provided reference nike free run point in the global future." He claims that most of the media is read as "return to the golden rule of adidas store." Bretton Woods system was established in 1944, an international system of fixed exchange rate is directly related to the adidas outlet implementation of the U.S. dollarand gold, other currencies linked to the gold standard of the dollar. In 1971, the U.S. dollar and the gold directly linked to the abolition of the Bretton Woods system disintegrated. nike outlet Adidas takes Zoellick said the global currency of gold as a basic reference point is a choice, it was also suggested as money prices, the reference value. He stressed the need for abercrombie and fitch outlet for international monetary reform, leaders of the Group of Twenty recommendations will be discussed. nike running France Abercrombie nike running shoes and Fitch in London from Seoul last month, after adidas store the summit of the rotating nike free presidency of the Group of Twenty. Last month French President Louis Vuitton handbags, Nicolas Sarkozy, said in an interview, the French presidency and the Group of Twenty three main objectives will focus on the period, which is to reform the international monetary system, financial transactions adidas shoes international tax-funded by the development of Africa, control of excessive fluctuations in prices of raw materials.