http://en.wikipedia.org/wiki/Bancor
http://theeconomiccollapseblog.com/archives/bancor-the-name-of-the-global-currency-a-shocking-imf-report-urges-the-world-to-adopt
So now we want to impose such a system on the entire globe?
The truth is that a global currency (whether it be called the “Bancor” or given a different name entirely) would be a major blow to national sovereignty and would represent a major move towards global government.
Considering how disastrous the Federal Reserve system and other central banking systems around the world have been why would anyone suggest that we go to a global central banking system modeled after the Federal Reserve?
Let us hope that the “Bancor” never sees the light of day.
However the truth is that there are some very powerful interests that are absolutely determined to create a global currency and a global central bank for the global economy that we now live in.
http://thedailybell.com/1532/IMFs-Bancor-Last-Man-Standing.html
http://www.imf.org/external/np/pp/eng/2010/041310.pdf