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Former Federal Reserve Chairman Paul Volcker has said a truly globalized world economy needs a global currency.
Also, central banks would not be in competition to maintain low-inflation rates for their money.
… a Global Central Bank was proposed … as a way of managing both capital flows and trade balances between countries …
Originally posted by XXXN3O
I mean the answer is simple.
People need to look at what gives money, television, politicians, governments etc power. A mirror is a good place to look.
[edit on 30-1-2009 by XXXN3O]
Given equal currencies no one could compete with the USA.