SDR - a currency for a world with no borders

and the nation-states have very little power.

The G20 moves the world a step closer to a global currency

In effect, the G20 leaders have activated the IMF's power to create money and
begin global "quantitative easing". In doing so, they are putting a de facto
world currency into play. It is outside the control of any sovereign body.
Conspiracy theorists will love it.
It has been a good summit for the IMF.
Its fighting fund for crises is to be tripled overnight to $750bn. This is real
money.

I've mixed feelings about this type of currency. I love the idea of a world without political economic borders. perhaps it's because i was raised in the bosom of empire, here in the USA.
The question comes down to this: can we trust privileged private power to act responsibly, and not enslave the masses? well, at least there would be no war, even in the worst case scenario.

I've heard other spins on this currency calling a "super-national currency", it sounds like it's uber-nationalistic. such is the funny psychic nature of currency. call it one name vs another name, and people's behavior and interactions with it changes.

if it was called, Private Uber Banker Money, it probably wouldnt work. perhaps if you called it PUBmoney, people would think it's good for a beer? hmmm, the proletariat masses love beer....