He's Hot

I have a man crush on Martin Wolf:

http://www.ft.com/cms/s/0/9165b8b0-b82a-11de-8ca9-00144feab49a.html

I wish the US had just one MSM finance/economics writer with as much perspicacity. Lewis comes close, I guess.

But, to discuss Wolf's argument, he seems to suggest that nations should better utilize the Special Drawing Rights (or some other basket of currencies) for the purposes of international trade and reserve holdings. Makes sense. If the IMF governs the basket, it could be reweighted quarterly or annually to reflect changes in GDP. Hmm, the more I think about it, the more I like it.