Venezuela for New World Currency
Caracas - Venezuelan parliamentary
deputy Angel Rodríguez ratified the support
of Venezuela Thursday to replace the US
dollar as the world exchange currency.
According to the president of the Commission
of Energy and Mining of the Venezuelan
National Assembly, there is a great need to
put an end to the current system since it
only responds the US interests.
The Venezuelan deputy said US can buy every
kind of valuable merchandises, and that the
US dollar is a form of colonialism much more
sophisticated than the traditional ones.
In that sense, the support of the United
Nations Conference on Development and Trade
to migration to another exchange system is
quite positive.
Nations like Venezuela have felt
affectations in their commercial balance
when the currency flows go down, something
that is present in the contraction of the
prices of oil, he pointed out.
He reminded that US does not have such a
problem since they unilaterally left the
demand of issuing every dollar with a gold
counterpart.
Rodriguez regarded the position of
Washington as a fraud and a mechanism to get
richnesses and potentials from other
countries. |
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