While one currency for global trade and economic stability might seem like it brings ease and continuity, it would tie many unknowns together. Who would be in charge of printing the money, who is in …Read MoreWhile one currency for global trade and economic stability might seem like it brings ease and continuity, it would tie many unknowns together. Who would be in charge of printing the money, who is in charge of interest rates, and many more regulatory matters. In our time now if one country has economic issues it can cause ripple effects throughout many countries with one currency that could be tenfold as each country is dependent on the currency. Also, with one currency that could cause more international government intervention as countries grapple with the new currency, fighting over who is in charge, and trying to bolster economies.Read Less
As much as I am idealist, at this time, a world currency simply wouldn’t work. Maybe in a few centuries when a pan-humanist movement comes about and the support for a world government grows, than …Read MoreAs much as I am idealist, at this time, a world currency simply wouldn’t work. Maybe in a few centuries when a pan-humanist movement comes about and the support for a world government grows, than perhaps. But for now, implementing such a proposal would simply cause conflict. Instead, the United Nations and other international organizations need to be strengthened so bad actors can be brought in line by the international community.Read Less
No, especially looking at how the world is now I think this would cause more conflict than unity. It does sound ideal, and maybe in the far future the international community can work towards it. But …Read MoreNo, especially looking at how the world is now I think this would cause more conflict than unity. It does sound ideal, and maybe in the far future the international community can work towards it. But it is going to take a lot of time and work.Read Less
I think the logistics of it is too difficult to establish. For one, globally we cannot agree on anything — there is always going to be a country (or multiple) that will disagree. Also, with sanctions …Read MoreI think the logistics of it is too difficult to establish. For one, globally we cannot agree on anything — there is always going to be a country (or multiple) that will disagree. Also, with sanctions on countries, what will happen? International trade and the global economy will definitely be negatively impacted. Thus, a global currency would probably be impossible.Read Less
While one currency for global trade and economic stability might seem like it brings ease and continuity, it would tie many unknowns together. Who would be in charge of printing the money, who is in …Read MoreWhile one currency for global trade and economic stability might seem like it brings ease and continuity, it would tie many unknowns together. Who would be in charge of printing the money, who is in charge of interest rates, and many more regulatory matters. In our time now if one country has economic issues it can cause ripple effects throughout many countries with one currency that could be tenfold as each country is dependent on the currency. Also, with one currency that could cause more international government intervention as countries grapple with the new currency, fighting over who is in charge, and trying to bolster economies. Read Less
As much as I am idealist, at this time, a world currency simply wouldn’t work. Maybe in a few centuries when a pan-humanist movement comes about and the support for a world government grows, than …Read MoreAs much as I am idealist, at this time, a world currency simply wouldn’t work. Maybe in a few centuries when a pan-humanist movement comes about and the support for a world government grows, than perhaps. But for now, implementing such a proposal would simply cause conflict. Instead, the United Nations and other international organizations need to be strengthened so bad actors can be brought in line by the international community. Read Less
No, especially looking at how the world is now I think this would cause more conflict than unity. It does sound ideal, and maybe in the far future the international community can work towards it. But …Read MoreNo, especially looking at how the world is now I think this would cause more conflict than unity. It does sound ideal, and maybe in the far future the international community can work towards it. But it is going to take a lot of time and work. Read Less
I think the logistics of it is too difficult to establish. For one, globally we cannot agree on anything — there is always going to be a country (or multiple) that will disagree. Also, with sanctions …Read MoreI think the logistics of it is too difficult to establish. For one, globally we cannot agree on anything — there is always going to be a country (or multiple) that will disagree. Also, with sanctions on countries, what will happen? International trade and the global economy will definitely be negatively impacted. Thus, a global currency would probably be impossible. Read Less