In present world economic Crisis two currencies helped turn this into an international event. They were, first, the dollar and secondarily the Euro.
When an area of the country goes through a war or severe economic changes it shouldn't have to destroy all the rest of the world economies too, no matter whether that economy is The United States, Europe, China, Japan or any other geographic world economic system.
Because of this problem I advocate for the creation of an international monetary standard called, The Earth. In other words one earth would be like one Euro or one dollar. On one side it could have a picture of the Earth from Space on the coin and/or paper note. On the other side it could have the United Nations or another international world body the whole world votes on, by nation. Every nation on earth would have one vote in the creation of this coin and/or paper monetary note. The value of this coin and/or note would be established and controlled internationally. The primary purpose of this coin/note/electronic transfer would be for international trade so that exporters and importers would have a standard that wouldn't necessarily change when one area of the world went into war, economic collapse or other calamity. This Earth monetary standard could also be used by people of all nations when they traveled and would be as easily available in all nations as their own national currencies. And if the currency of their nation was collapsing they would be easily able to convert before or during a monetary collapse into Earths(monetary units) so they wouldn't be financially ruined like many are on the planet earth now.
I think internationally this is what the world is looking for now!
No comments:
Post a Comment