Could someone invent a “Super Currency”
A super currency could be defined as being a hypothetical global currency, or supranational currency, which in theory would be backed by a basket of “Other” reserve currencies at the International Monetary Fund (IMF). The idea being that this could eventually somehow form the basis for a new global monetary system. The idea has attracted limited interest following the financial crisis and has been widely promoted by China and the rest of the BRICS.
At the United Nations Conference on Trade and Development speakers called for a new global currency to replace the U.S. dollar as the world’s dominant reserve currency because of the lack of control which the IMF had Worldwide. Many committees were formed at the time to discuss such a possibility, and indeed some of these committees are sitting today
The Future of Global Money