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originally posted by: Profusion
I think we've all heard the conspiracy theories from Christians about a coming "one world currency." I believe that Greece has proven that it cannot work for one prime reason:
Modern governments must have the ability to devalue their currency when needed to make modern economics work.
A one world currency wouldn't allow that just as the Euro isn't it allowing it for Greece. If Greece didn't use the Euro, it would simply be devaluing its own currency right now to deal with its debt problems. It would be business as usual and no one would notice. Unlike the potential disaster the world is in at this moment.
I know Christians will probably counter with something about the "one world currency" only lasting for several years or something.
But, there's 195 countries in the world, let's get real for a second. After Greece's experience would all the countries in the world be willing to sign on for a "one world currency"? I can't even dream of that happening anymore. The governments of the world will take notice of what happened to Greece and learn from it, naturally.
In my opinion, the "one world currency" conspiracy theory has been debunked.