The new global currency would be issued by a new global central bank that would have the authority to levy taxes for various infractions.  The bank would have to be, according to the report writers, “accountable to member nations, but remain independent.” 

A global central bank has long been a goal of those who advocate global governance.  America’s school system has failed to teach students about the century-long conflict between those who want a global governing authority and those who do not.  Schools do not teach that President Kennedy planned to turn over U.S. military power to the United Nations in order to give the emerging global government the power to enforce its global governance policies. 

The people who believe the world should be governed by a global authority have been working toward this goal for more than a century.  They are relentless; they are driven; they are convinced that they know best how people should live.  They believe that all nations and all societies should be controlled by an elite, benevolent intelligentsia that can ensure social justice by enforcing what has now become known as sustainable development.  These people are closer to achieving their goal than at any previous time in history.

Those who advocate global governance have changed their tactics, but not their goal.  They have made great strides through a variety of treaties, and particularly through the implementation of Agenda 21 and the concept of sustainable development.  The erosion of freedom that is inevitable under any system of global governance has been painted green, packaged in a bundle labeled social justice, and sold to a generation of Americans eager to make the world a better place.
 
The global currency proposed by the IMF is just the latest step toward that ultimate utopian vision pursued for so long by so many.