nikki.carsonnikki.carson

Certified Graphic Designer

I've been contracted by many companies to develop ad campaigns and graphics for their new products. I hold a degree in Art and Graphic Design

One World Currency: Good or Bad Idea?

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nikki.carson
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andrea-kwan
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It may sound ideal and it would eliminate conversion fees on credit cards and conversion losses when you exchange your money. I am not the impact on inflation if all the world leaders would need to agree before any fiscal policy is released though.
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diba.ased
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It sounds impossible. It was a big deal to introduce and sustain unified currency in the Europe. And it's not so easy in fact, because not all of the participants benefit from this police equally. And to do the same in the scale of the whole planet is just impossible, because big countries like the USA, China, Russia, Japan and many other will never approve such a risky and tricky project with barely predictable outcome.
The world already has had few examples, the most notorious of which is Bretton Woods system, that eventually declined following evolution of political and economical relations in the world.
I doubt there may be any unified currency at all withIn existing political and economical systems.
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It sounds impossible. It was a big deal to introduce and sustain unified currency in the Europe. And it's not so easy in fact, because not all of the participants benefit from this police equally. And to do the same in the scale of the whole planet is just impossible, because big countries like the USA, China, Russia, Japan and many other will never approve such a risky and tricky project with barely predictable outcome.
The world already has had few examples, the most notorious of which is Bretton Woods system, that eventually declined following evolution of political and economical relations in the world.
I doubt there may be any unified currency at all withIn existing political and economical systems.
True. It's really impossible to impose this at a global level. There's so many things to consider and the world's superpower would never agree to give up their own currency for this.
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This seems like a really long shot. Countries would not agree to this!
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hi
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Countries are too immature to deal with this yet. There needs to be trust among all countries before this can even be discussed.
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Yes it’s nice idea
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IMO, it will just create chaos so much better not to do it.
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IMO, it will just create chaos so much better not to do it.
I agree!! It will take years of debate to decide WHICH currency to take. What more the policies.
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Who knows? This might work out and unite countries.
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Countries are too immature to deal with this yet. There needs to be trust among all countries before this can even be discussed.
You are right johnny! It's quite impossible.
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Developed nations would certainly benefit since there would no longer be currency risk in international trade.
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