A global currency refers to the idea of a world monetary system. According to CBS News, the euro, yen, American dollar and other world currencies would "succeeded by" a global currency and countries would exchange their money for the new currency. In early September 2009, this was outlined in a report from the United Nations Conference on Trade and Development. The global currency would be overseen by a Global Reserve Bank.http://www.cbsnews.com/blogs/2009/09/09/taking_liberties/entry5298305.shtml
are there any pictures of a global currency proposed(0 Answers)
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No answers yet.
What do you think about the idea of a Global Currency?(13 Answers)
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The arguments for a global currency often include hyping how this Utopian currency would end national currency crises by eliminating the need for countries to maintain reserves of ...
Will the European Community adopt a common currency?(1 Answer)
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Q: Will the European Community adopt a common currency? A: Huh? It already has. It's called the Euro. Q: Will a Common European Currency adversely affect the ...
References
Fast Facts
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A global currency would be managed by a central world bank
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The U.N proposed a "global currency" in a 218-page report in early September 2009
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Europe implemented the EMU in 1999; one curency for 16 member states of the European Union
