Tun Dr. Mahathir Mohamad, former Malaysian prime minister, reiterates that:
(a) as the whole world knows, the United States  is existing on unlimited loans by the rest of the world
(b) if the US Dollar were not used for trade payments and loans, then there would be no demand for it.

Dr Mohamad asks:
Why must we use the US Dollar for international trade?
Why can we not use the dinar or any other currency?

Dr Mohamad concludes that;
the actual name of the new reserve currency is not important but backing by gold is important.

Wednesday, September 16, 2009
NEW CURRENCY NEEDED, SAYS UN – BLOOMBERG
As posted by Dr. Mahathir Mohamad at Che Det on September 9, 2009 8:19 AM
http://mahathir-mohamad.blogspot.com/2009/09/new-currency-needed-says-un-bloomberg.html

Ivo Cerckel
honestmoney@maktoob.com
http://twitter.com/ivocerckel/