What if the world all used the same currency?

One currency would most likely help the global crisis. Could be the dollar.

Thanks for the info, I'm glad it's being uncovered. The subject of the one world currency was finally on CNN, MSNBC and FOX last night for those in denial who believe only what they SEE reported on slow news (if permissible) corporate owned TV. My concern amongst other investors and savings account holders is "if" they exchange the dollar for a NAU or global currency, we will get 10% for the dollar. Those who save nothing won't be affected much, however those who saved and invested because they were encouraged to could lose 80%, unless invested in gold or silver. I know plenty of 25 year olds that have worked heavy overtime just to save and by CD's or try to make their money work for them.

What it is the point if the people in high places are going to keep wasting the money irresponsibly?

Trade agreement. Outsourcing. All contribute to loss of jobs in the US. If we are to get jobs back we need to offer companies better tax breaks so they will hire and keep the jobs in the US. We also need to find better way's to make our products in the US and still be competitive.

look around your house and you will hardly find anything made in America. even items with American company labels are made overseas.

Americans will NEVER stop buying the cheaper imported products.

Even when people were catching on back in the late 70's and 80's, they still kept on buying from Wal-Mart.

Oh crap, did I just diss Wal-Mart?

Yes, I did. Here's my point. When a Wal-Mart opened a few miles from a small town, everyone knew spending their dollars at Wal-Mart would mean NOT spending at Bob's Hardware, or Mary's Apparel Shop on Main Street. They knew the businesses on Main Street would suffer, but they kept driving past Main Street and into the big city to shop at Wal-Mart.

Soon, they started seeing more and more shops closing on Main. They saw the business owners, their own neighbors and friends, hurting and struggling to survive, but still they didn't change their spending habits.

They had chance after to chance to save the local business, but instead, they let Main Street go out of business and with it, their own town.

Nope, Americans will keep yelling at big business for sending jobs out of the country, and Americans will bitch and moan about how evil these big companies are for moving over seas. But when it comes time for them to spend their money...they'll load up the kids and head to Wal-Mart every single time.

(Forgive me for using Wal-Mart as an example. I didn't mean to imply it was the only problem. Every tag that doesn't read, "Made in the USA" is part of the problem and people don't buy everything from Wal-Mart.)

A world currency is overdue. Since the 1970's, we should have been on a universal currency. And no, I don't believe this is a sign that everyone is going to be forced to worship the devil.

The U.S. has brought this upon herself, via terrible trade policies, outsourcing production, continuing to feed the Fed, selling bonds to non-US sources, and the list goes on and on. Now, the international community is getting so large, they no longer need to kiss the ass of the U.S. and it is only a matter of when, not if we see one world currency.

And it will not destroy the U.S. economy as some have suggested (slarabee, I'm shocked you would even subscribe to the possibility, let-a-lone promote the fear).

It's a part of the evolution of society. We are living in a rapidly changing community that will become part of a One World society. To have multiple types of currency within this newly formed community will be too confusing and impracticable.

And unless slarabee is much older than I suspect, he too, will be folding the new paper currency into his wallet someday.

One world currency is another step towards one world government.

ClipsFC you are not even encouraging a discussion around your original article's topic which is a one world currency. What is your agenda? Cause from where I'm sitting, it's to stir up the pot with a shitload of unsubstantiated rubish.

We need to wake up and stop spending ? Meaning no insult, but we need to start producing !!! When the USA produced to the max, it didn't need to borrow. Heck, there wasn't even an income tax, THAT came 3 years after the F(red). After the F(red), and the Income Tax, there was nothing but an alarmingly growing out of control National Debt. From 1913 to 1980, it had grown to $ 4 Trillion dollars, devaluing our money by inflation.After that idiot Ray Gun, Bush, hiatus, more,worse Bush, the "secret" National Debt as of August 2007 ( when the Denver Mint produced $800 Billion in Ameros to ship to China's banks) balooned to a whopping $64 Trillion. The same benefits of compound interest on assets are inversely the same disadvantages of compound interest on debt. Americans have a collective personal debt even larger than $64 Trillion. As Delia has said, they even had to add another (negative) place holder on the debt clock to remind us that Time is Money. Why we've been borrowing so heavily is because we've stopped producing to balance it. Which means we've been borrowing to cover our losses. When your gains don't outpace your losses, that's inevitable. Add to that the 4 biggest institutionalized parasited the World has ever seen: Big OIl Monopoly, its spinoff Big Chemical Monopoly, it's spinoff, Big Pharma Monopoly after Prohibition, and it's spinoff Big GMO now agressively seeking to become Monopoly with H.R. 875 and 2 other assaults on our fool production, and the USA is in deep, deep, deep, deep shit. I blogged a current.com news article about all the States on the verge of Bankruptcy. NOW is the time to contact NORML and increase theirefforts to launch Cannabis Legalization laws in every State to pull the USA out of its Depression. If you've read the article at its link you know the World Recession was caused by the USA's supermassive black hole debt. Cannabis legalization can produce enough to reverse course out of debt. The Federal Govt. can't do it. The
Military Industrial complex is at the center of that black hole National Debt, sucking up the majority of every dollar withheld from your pay each week. If Washington, Jefferson, Adams, and Franklin were here instead of Big Oil, Big Chemical, Big Pharma, Big GMO, I'm sure they'd agree. They've dug our financial grave when they got infected with War on the Brain.

Good and bad points but a move towards the future. It would solve many oriblems but create many problems as well. I think this is light years away but entirely possible, but the powers that be and the people in control would have to loose to much to do this.just think of about a hundred families controlling all the wealth in the world, right now these people have places to hide and to be kept out of the public eye. With one currency they would be exposed and very vunerable to the entire world. The entire geography of the world would change and maybe not for the better. Think about it. Once we have interplanetary travel this may be necessary.(LOL)

The world does use one common currency.

It's called credit.

Pareo Nullus

our US dollar is only worth .30 cents ! I was going to move to France ...should of before BUsh made America fall ....Now all I can afford is a room in a Garage ...

China possesion of trillions in US debt is perhaps one of the biggest threats to us as a nation. We need to wake up and quit spending. We must make the difficult spending decisions now and not continue passing them down the generations. This is unfortunate because the only way to do it is to lower the standing of living in the US, but we must at sometime pay for the excesses of previous generations.

For Europe it will never be the dollar. It cost us all a lot of money to set up the EURO currency and we are not all going to change againgto suit just one country.

We might see crude oil pegged to the Euro. Many countries have asked for that.............Venezuela got in trouble for that, and so did Saddam Hussein.

America keeps printing money.......that's not a good thing to do..

I think the point is well taken about the EU Currency. It works for all those countries and could possibly work as a global currency. It could be the dollar $. The idea is intriguing

then i'll travel more often.

Good point Slarabee but I also see the point the article makes. Who will pay for all this!? What if China decides to stop lending then what?

As the holder of some $2 trillion in dollar-denominated savings China is concerned. (DUH) And that's only China. There are other countries that have at least that, if not more in holdings of US Currency. This is how we paid for Stimulus by borrowing. I want to see what happens the day some of these countries call in the favors.