posted on Oct, 9 2008 @ 01:19 PM
Do you think that the upcoming meeting for the G7 will be the precursor to implementing stronger powers for the world bank and a new incentive to
create a world currency?
With the financial "crisis" now becoming worldwide it only seems plausible that this topic is going to be discussed. The IMF it would, be
rationalized, would be the only ones to be able to keep things in order to keep the world markets from melting down. It would also be brought forth
that a unified currency would help to stabilize currency fluctuation and thus calm the global market, and smooth out the trade deficits from money
mismanagement. it would be suggested that if we all used the same currency it could be beneficial to all commerce and eliminate financial infighting
from the different banking houses.
With only one bank in charge, it would simplify all financial transactions and allow money to be placed in the area most needed.
I am not saying that I am for this just saying that it might be brought up.
What are the opinions from those that are more financially savvy than I?