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Towards a Single Global Currency?

Some initiatives or concepts rely on direct acceptance. Then the issue is: how will we do it, is the challenge possible? Different concepts is likely to be possible however rely on resistance from the day they get introduced. To me, a single world foreign money would fall within the second class.

I used to be simply imagining how the monetary crises would evolve when there was just one world foreign money and one central financial institution. It might have been higher, however it additionally might have been worse.

For my part a single world foreign money is each not possible nor fascinating.
To start out with the latter: it isn’t fascinating as a result of I might think about the system to be much less strong. I can’t totally elaborate this level, however when fascinated with being strong I imply that there are some powers that hold a system in steadiness. Just like the ECB and the FED and another establishments.

Not possible — once more in my view — is a merger between the FED and the ECB.

Once more, elaboration of such a press release would require a big sequence of articles. I refer simply to a symbolic merger between DaimlerBenz and Chrysler that occurred in 1998 and obtained divested in 2007. All of it simply did not work out.

And I believe it’s higher this manner. Let the FED to it the American approach and let the ECB do it the European approach. Someplace within the center we are going to discover the most effective answer.
Let’s overlook a few doable merger between these two…

H.J.B.

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