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China wants a new Global Currency

tinytim

<img src =/tim2.jpg>
I was listening to NPR news a little while ago while driving to town, and heard this story about China wanting to create a new global currency and do away with the US Dollar. According to what I heard on the radio, Russia had proposed this a couple weeks ago. What I missed was the part where a couple Obama officials.. I think Bernanke was one, and Geithner may had been the other.. were asked if they would support such a move, and whoever they were said they would.

I came home and found this on NPR.. .
http://www.npr.org/templates/story/story.php?storyId=102283007
NPR.org, March 24, 2009 · China is calling for a new global currency controlled by the International Monetary Fund, stepping up pressure ahead of a London summit of global leaders for changes to a financial system dominated by the U.S. dollar and Western governments.

I have 3 questions...
  1. Has anyone else heard about this.. and if so, who were the 2 Obama officials that said it was a good idea? Please provide a link so we can be informed.
  2. Doesn't the US constitution keep us from doing this?
  3. What do you all think?
 
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