The US dollar is on the skids but what can replace it? The Euro? Will China or Japan be happy? It seems time to look at a world currency. All countries, equal, using the same coin.
The US dollar is on the skids but what can replace it? The Euro? Will China or Japan be happy? It seems time to look at a world currency. All countries, equal, using the same coin.
The There already is a world currency. It is called gold. In theory government currency is suppose to be redeemable for gold. Or at least it use to be that way.
The There already is a world currency. It is called gold. In theory government currency is suppose to be redeemable for gold. Or at least it use to be that way.
Nixon got rid of the gold standard, and what would be the good of it when all the money makers have to do is raise the price of gold to match the dollar. The dollar is in the crapper so lets make gold $810 an ounce. The money makers do as they choose.
So currency is still redeemable for gold it just loses its value relative to gold. Rather then a world currency why not let any company print their own currency? Retailers can list their prices in gold and companies and governments which don't have their currency tied to the gold standard will lose favor.
The There already is a world currency. It is called gold. In theory government currency is suppose to be redeemable for gold. Or at least it use to be that way.