East2011
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"Reserve Your Ledger at GYMLEDGER.COM"
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April 11, 2018, 03:29:19 PM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
I think no country will angry if we use only single currency. All currencies all over the world has significance to their country. And they don't want to change.
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Barbarian
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April 12, 2018, 01:28:31 AM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
The idea sounds dreamy and united, like everything is in harmony. But this really won't go well, sadly a united single world currency is a disaster in the midst waiting to explode. Come to think about it, if it were given a breath of possibility who do you think will run it? what currency would it be? And most important of all, How long will it last? People have different opinions and standings on such an idea, To me it's like a dictatorship or a higher standard of monopoly. Government would have a hard time thinking a way through with it, might as well have a single world government if that goes well. I think a single world currency is just trouble in the making. Having a single world currency will be a real trouble, having a single reserve currency like the dollar is already bad enough and some countries like China and Russia are trying to get rid of that standard and that is why they are trying to avoid the dollar when they are conducting trades among themselves, can you imagine how much damage a single currency will do to the world?
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liseff3
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April 12, 2018, 02:15:19 AM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
In fact the adoption of the single currency was once proclaimed by the Chinese government, at the G-20 summit in London in March 2009. But this idea is not very well supported. What is clear the positive response to follow-up application is still very far away. In Southeast Asia itself, has also been initiated also unified currency, a kind of Euro for the single currency area. However the countries in it are not very enthusiastic about responding. The currency of a country, actually performs a dual function one of its roles is as a barometer to strengthen and enhance the value of a country's productivity and ensure the stability of the country's political system.
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jhean_arcane
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April 16, 2018, 09:18:41 PM |
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If the world uses a single currency, then it is so much simpler in the economic level. However, currency is now seen as a identity of a nation, so it is nearly impossible to abolish all currency and make one as the official currency of the whole world. In order for that to happen, a world war needs to happen that will nearly annihilate all governments, then appoint One world leader in a one world government.
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Ayush rana
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April 16, 2018, 09:33:24 PM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Yes it could be happen that after using single currency thst world economy become more stable, it will be like using one currency for every thing ( trading, buying, selling, ingesting) But the main thing is when countries starts holding this currency this will lead to increase in the price of that currency and which will effect other countries badly.
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ExtremeFacials.com
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April 16, 2018, 09:50:38 PM |
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We can partly answer this question by lookint at euro currency countries, so one of the things, it rould be way much comfortable to travel, no need to have different money everywhere.
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Dread Pirate Roberts
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April 16, 2018, 11:40:52 PM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
It will never happen, because every country has a central bank in regulating the country's economy. and the bank must have its own regulation in each country. the price difference in asia is definitely much different from europe. so single currency for 1 world is impossible.
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jmaseved
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April 17, 2018, 01:11:36 AM |
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I don't think it will happen because the level of economic development is different around the world!
The price of the same item in different parts of the world is different. If you use the same currency, it will cause a bigger economic crisis!
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deppil
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April 17, 2018, 02:05:14 AM |
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If the world having only 1 currency i think there no hassel in buying or changeng currency from another currency . You wont worry about the money if you are in the other country
but its very difficult to applied.there will be many countries that regard the country's most appropriate currency. unless there is one currency that is not tied to any country. of course that is impossible, there are billions of people in the world how to distribute one currency to the whole world, who controls and regulates it? then a country's economy is also determined from their local currency in the market, if there is only one currency how the price of goods in each country is determined by ? I think this idea is impossible to implement
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dekafee79
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April 17, 2018, 03:25:05 AM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
I think the world use single currency is not gonna be happened.because every country has its own currency.
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mikyadel
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April 17, 2018, 03:49:28 AM |
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well,unifying currency has its upside aspect. take a look at European countries for example.but,it'd be also unfair for some lazy,corrupted countries to get a strong currency which is a reflection of the economy strength.
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reda
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April 17, 2018, 03:56:37 AM |
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well,unifying currency has its upside aspect. take a look at European countries for example.but,it'd be also unfair for some lazy,corrupted countries to get a strong currency which is a reflection of the economy strength.
Currency values is important for the country growth. Now most of the country currency values differ. People use the difference currency. If use same currency in all country easy to any where and same value in all country. People not change the any country currency. But it not choose the country growth. If need to know the country growth people growth is important for the country growth.
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maximrussky
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April 17, 2018, 10:39:03 PM |
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The reunification of the currency is certainly good, but this is hard to come by because it means that all countries on earth have an alliance or just one country left, just like the EU. The former approach is basically impossible because countries have different views Different habits, and then one, for the time being, every nation has such abilities.
I think that rather than yes. The world is not yet ready for this turn of events. It takes at least 100 years to achieve such results.
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Rossy Akbar
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April 18, 2018, 07:50:33 AM |
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Well, I think there are to side we need to look onto, one side is good if the world using a single currency because there is no different between them, but also is possible because in each country they have a different main income like vocational, rice field etc. So, it's kinda good profit to a big country who has a big value of currency to ask their people for holiday to a small country, and we can change that even bitcoin was exist.
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sampalokmix
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April 18, 2018, 08:10:37 AM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Well our major problems nowadays will be non existent just like the third world country labels, cause if we have a single currency, the price of the goods will be cheaper rhan what it is right now and I think hunger will not be present in our fwllow children in africa if they afford goods and attending education.
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sampalokmix
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April 18, 2018, 08:13:49 AM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Well rhe world where we aee living will be better if we have single currency since our major problems will be non existent just like the poverty we are facing nowadays rhe third world country labels, and our children in different places in the world will habe a proper education and enough supplies of food which they lack nowadays, cause the price of the goods were a lot cheaper than what it is today.
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setialovers
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April 18, 2018, 08:19:52 AM |
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The reunification of the currency is certainly good, but this is hard to come by because it means that all countries on earth have an alliance or just one country left, just like the EU. The former approach is basically impossible because countries have different views Different habits, and then one, for the time being, every nation has such abilities.
Indeed, actually many problem hidden behind euro unification. Its hard to compare economic growth between countries and make their currency become one because buying power every country is different
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maculeth
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BountyMarketCap
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April 18, 2018, 08:21:04 AM |
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economy in a different country, maybe for some developed countries, it's okay. but for developing countries, it will be difficult to determine the price of basic needs. the economy will not be balanced.
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concept2
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April 18, 2018, 08:24:27 AM |
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Using only one currency is a chance for humankind to become one. By using 1 currency, you can travel to anywhere you like and any place that you want. However, the government needs to have their own currencies in order to control the people. So, its just a dream which we can never have
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redsap
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Harmony for One and All
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April 19, 2018, 08:28:07 PM |
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If the world uses a single currency, will the economy be more stable? This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Yeah i think that was a great when our world juat using one single currency I think that would make our economy more stabile because there is no inflation and no one will not getting hungry because of money inflation
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