Leading people are discussing about one world currency - Printable Version
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Leading people are discussing about one world currency by Forumposter25 on 05-05-2012 at 02:05 PM
Americas credibility have been decreased by rating agencies and the worth of the dollar and other currencies of the world sinking down.
RE: Leading people are discussing about one world currency by MeEtc on 05-06-2012 at 12:25 AM
No, horrible idea. This was already attemped with the euro, and look at where they are now. Last I checked, UK still has their Pound, and their economy is doing just fine
RE: Leading people are discussing about one world currency by Spunky on 05-06-2012 at 02:09 AM
Not really, but we're not so fucked if another country goes tits up
RE: Leading people are discussing about one world currency by Nathalie on 05-06-2012 at 02:03 PM
But even with the Euro, although the bank notes are uniform, the coins have one side reserved to represent the individual countries within Europe.
RE: Leading people are discussing about one world currency by Chrono on 05-06-2012 at 07:22 PM
RE: Leading people are discussing about one world currency by CookieRevised on 05-07-2012 at 07:07 AM
Sorry but this made me laugh... no offense though, but such a thing is typically something someone from 'over the ocian' would say, spoon fed by governement, television, and other populistical media without understanding how things work here.
(And don't forget the US is in far more debt than any European country btw).
The Euro currency is not to blame for the economic crisis at all! On the contrary! It is exactly because of the Euro and/or Europe that not more European countries are in trouble.
In fact, the 'crisis', or better: the regression, some countries experienced in Europe actually began within the US and because of how the US handles its economics and bank finances (eg: realestates, etc). And because everything is connected (especially with banks and multinationals), it trickled down to Europe too. The Euro is not to blame at all.
That said, and although something can be said about a global currency (as it does have some benefits), one world wide currency would indeed be a horrible idea imho though. Not to mention one world governement....
... wait.... would that mean it would be illegal to eat cookies (you know... destroying money and all)?
* CookieRevised goes hiding from the feds
RE: RE: Leading people are discussing about one world currency by Nathalie on 05-07-2012 at 08:30 AM
Internet cookies? Or real cookies?
But then maybe people would argue about what ingredients to put in the cookies - chocolate chips? nuts?
RE: Leading people are discussing about one world currency by prashker on 05-07-2012 at 04:38 PM
To be honest lets ditch all forms of currency. Money is irrelevant when all is God's Property. It is his plan and our barbaric currency causing international pandemics. Without currency there is no sense of entitlement, and maybe, just maybe Africa can be a place I call home, again.
RE: Leading people are discussing about one world currency by Discrate on 05-07-2012 at 05:13 PM
Countries such as the U.S are purposely lowering the value of their currency to spark more economic activity and to increase exports.
It isn't to blame but it certainly isn't helping. We basically saw the domino effect. Greece was tied in with the rest of Europe via the Euro and as Greece went further down the drain it slowly started dragging other Euro countries with it.
I'm surprised that they didn't kick Greece out of the Euro in the end.
RE: Leading people are discussing about one world currency by Adeptus on 05-08-2012 at 05:20 AM
Too bad it took me two days to notice this thread. This is of interest to me because I have worked in the US financial sector (granted not directly, on the IT side) for many years and some of this crisis happened pretty close to home. I think I have a fairly good grasp of the global economy (even though I can't refute the charge of being "over the ocean") and here it goes:
RE: RE: Leading people are discussing about one world currency by McfarlandE on 05-15-2012 at 11:10 AM
quote:Lol that's a great idea
I actually don't think it can ever be possible for the whole world to use the same currency...