They want to propose this at the United Nations per the Drudge Report
i think it would benefit travelers when they visit other countries because then we wouldn't have to figure out exchange rates, etc.
but i like all the different currencies around the world from an artistic POV, so, i guess i'm not for it.
Alarms and sirens are going off in my head with this idea.
I'm not in favor of it. If there is another meltdown, I think it could be far more catastrophic than this last one, despite arguments to the contrary. Doesn't add up. So to speak.
US sovereignty needs to be secured governmentally, judicially and economically...no ifs, ands, or buts.
US sovereignty will be safe and secure as long as it respects the sovereignty of other countries. Judiciary and economy can be ensured by a sovereign government.
Sounds like the New World Order. One World currency is the endgame.
For those of you who are actually making positive comments on this topic, PLEASE go do some research. Don't be dangerously naive. This country needs thinkers.
Sounds like the New World Order. One World currency is the endgame.
For those of you who are actually making positive comments on this topic, PLEASE go do some research. Don't be dangerously naive. This country needs thinkers.
This is something that should make Obama smile, but the U.S. would suffer.To be in favor of this, is to be a socialist.
It is meant to be, to come to pass as a part of Bible prophecy
All right Misha now you've done it the Trols in love.
Once the world agrees we're the best and appollogize forever doubting our greatness.
LOL, cute.
Have a look at this, I think you'll like it.
http://www.youtube.com/watch?v=4w9EksAo5hY
Hi! new here. This post jumped at me in that it reminded me of the "Left Behind" series of christian fiction books I had read a few years ago.
Never actually thought something like that would actually be considered.
I was thinking the same thing,it's almost like some sci-fi movie.what next a one world religion.it all sounds good to start with but is it the beginning of something else or am i being paranoid.
never..going..to..happen...
unless they impose that one world government thing...RUNAWAY!RUNAWAY!..the UN is coming!...LOL
There cannot be and should not be a single world currency. Every country has its own resources and money power.
It is enough if the exchange ratio between currencies are avoided. One unit of a currency should be equal to one unit of another currency. The present exchange ratio helps only to magnify the power of one country and downgrade another country. It is unjustifiably in favour of some countries.
(Around 50 Japanese Yen is equal to one Indian Rupee;
Around 50 Indian Rupees are equal to one US dollar.)
Should Japan be so low-rated and should US be so high-rated?
Those numbers aren't quite right Venugopal.
1.00 USD = 91.3688 Japan Yen
1.00 USD = 48.5750 India Rupees
1.00 India Rupees = 1.88873 Japan Yen
Universal Currency Converter
http://www.xe.com/ucc/
I would have to say a definite NO to a one world currency.
Venugopal are you sure of these figures? ( I realize they move)
The Aud is worth 86 cents US. and 79 Japanese yen.
When I see the rupee at 50 to the dollar that seems crazy against those figures!
One dollar is equal to Rupees 48.60.
Weary. Who prints it? Who decides how much of it to print? (Who controls inflation) I think it is an eventuality, but we are not yet ready for that step.
Definitely an eventuality and we are probably not ready for it, but it would put an end to the kind of speculation that has been ruining one national economy after another ever since the mid-seventies when Nixon abolished the Bretton Woods system. But much more research must be done before we can even consider doing such a thing.
As long as it's linked to a value standard, it could just be a better way to go - just my take! It will mean that no one country can print unlimited currency without having it grounded with say, a gold standard.
Look at the exchange rate difference in the Yen. We have similar value despite 41.7 Indian Rupees to our dollar.
Of course we're already flirting with this here in Europe, with the Euro. Britain has hung back from joining the club so far, but I think that we're likely to follow the crowd eventually. I'm not too sure how I feel about it. We've friends in Ireland where they already have the Euro, and they say that prices have soared since they've had it. Prices probably would have soared anyway because of the economic climate, but our friends wish they had the punt back.
well I hope it's not green and plain. And as long as the pope's face isn't on it there's plenty of scope for creativity! So many nice looking currencies out there. US is hooked on the term greenback - get flexible and step outside the square. US currency is plain and ugly.
It's inevitable. No nation should control all the money. All dollars are counted up as USA dollars. After the last year of loss to the whole worlds economy they will change things and it may just be that there will be no money, coinage or anything tangible. All commerce will be done electronically. I suppose there would be a hell of a fight as to what slogans or pictures would grace any world dollar or coin. It is coming and I suppose it may be a good thing. But just who will be in control?
Yeah C.C., do you honestly think that this is a viable option. As for myself, I just don't see it. The first problem with the idea, that I can foretell would be the fact that America is too conceited to let someone else design it's currency. I mean seriously, all the blazing fruit-loops would want too many "Christian" relics printed on the damn stuff. Therefore, I cannot see how the "global" would ever stand a chance in the first place.
is america really in control of their money or is someone else and we just haven't been told.
It wouldn't matter what the Americans think, they and everyone else would keep their currency. What would happen is that the world's reserve currency would be in the hands of the UN and not in the Fed's hands. Not that it would matter in the long run, a fiat currency is a fiat currency. Sooner or later they would be tempted to inflate the currency and we'd see the problem with the Globals that we see with the dollar today.
The only real "one world currency" is the currency that has been around for thousands of years, gold. You can't print more of it, so you'd not see the increase in prices and lowering of the standard of living you see with paper money.
Better yet, why not eliminate currency? I'd rather have everything "free" -- paid for by exchange of services and/or goods.
Just trying to put a stick into some wheels and see what happens....lol
Isnt the barter system kinda how they did It In the olden days ?
It's not very efficient, why do you think people started using money in the first place?
Heh, I've been arguing with naifs so long my sarcasm detector is broken, so now i have to ask. I wouldn't put it past some people to believe something like that.
Ah, it's okay. I've seemed to spiked someone's neck hairs in another thread...busy taking attacks in that one! ha ha ha Frankly, I think it's an alter ego that I'm taking the attacks from. Any ideas on how to determine if it is an alter ego???
Hmmm. If there's a way you can find out their IP address, then yes, otherwise I'm not sure.
This topic & so many others out there about changing things that aren't broke, but keeping things that are the same. Makes my eyes glaze over. Leave it alone & start worrying about something more important. Like outlawing underwater basket weaving or something along those lines. Why mess with our currency?
(No offense to any under water basket weavers out there. I feel your pain.)
Because he who controls the money, controls well just about everything. It would be better to have a freely circulating money, whatever that would be. It's no accident that the most productive time in the history of the world and the time in which the standard of living increased the most was during the gold standard years after the final defeat of Napoleon and ran until the outbreak of World War I.
I feel that the one world currency is just another insult to Americans. I feel it is the UN's way of slapping us in the face. I'm so sick and tired of the UN being so anti-American, when all we do is support their policing actions, supply food and medience to the rest of the world, and be their number one supporter. I think it is about damn time that we dismiss our UN status, and see how far they will get with out us! Down with the UN!!!
Oh, sure, it's easy - Rolling On the Floor Laughing My A$$ Out
That's a total chaos nyahaha and will even stir chaos and diasater... different strokes for different folks hehehe, cultural boundaries will be the main hindrance...
Not sure. it would simplify things but for who and for what reasons though
It's all adding up to the end of the world. beware one world curency amd the new world order.
One world currency will benefit the under-developed and developing nations. The developed countries will find it hard to accept it.
They might as well make it a one world currency before the dollar is so devaluated that we have to roll around a wheel barrel to buy bread and milk.
Yikes.
What will be next. A world government controlling religion, What we eat, What we can own, What we can wear and so on.....
Thanks but No Thanks !
I don't think what we wear will be dictated but as far as a world religion I believe this will happen. But it is not the religion most think of, muslim, christianity, etc. It will be the religion of "self" I think.
Which we see already everywhere around the world
That's the ultimate religion. Self as in Atman of the hindu tradition - the ultimate in centerdness. Perhaps you are getting confused with self as in self serving. We must be careful of using words, they get misrepresented.
If you wish to use "self" in religious context, please understand other spiritual traditions first.
They want to propose it and I want to oppose it! lol
It is part of the New World Order agenda and must not be allowed. Next step is for everyone to be micro-chipped or electronically tagged. Then they do away with actual cash.
And those who don't accept the number won't be allowed to buy goods and services. Don't believe in God read the book of Revalations.
They got rid of actual cash when they started using paper money.
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