MMMM YEAH GRIST FOR THE CONSPIRACY MILLS: IMF proposes global currency. Yeah, this'll end well. Though I am still libertarian enough to think there's nothing wrong with a global currency, provided there were competing global currencies--possibly even some backed by private entities! Of course that isn't much different from what we have right now, with the exception that we don't have a global currency that isn't backed by a government. Besides, I dunno, Pokemon cards.

In other finance blogging: the Chinese property bubble.