Would a Single Global Currency stabilise Every Country Or be negative in some.?

Question

I will call it "The Globe". Not to be intellectual because i no nothing about this sort of thing but it just seemed logical ...  You would need to make the coins out of Gold, Platinum or something of real worth i assume.. Maybe with a UN type body being the central World Reserve Bank or something... What do you think.. Would the People be better off throughout the World..

Jeff T · Accepted Answer

Look at the problems they're having in Europe with all the different countries trying to stay on the euro.

Remember, governments don't control the money supply, banks do.
If you don't understand why, learn about it.

Would a Single Global Currency stabilise Every Country Or be negative in some.?

1 Answer