Will Globalisation kill the current currencies of the world in due course ? Does is it not sound like fiction ?
Who knows what the future holds for the currencies which are in circulation today. Euro was introduced a few years back by removing some of the European currencies. Now the ASEAN (Association of South East Asian Nations) countries talk of similar proposals. SAARC (South Asian Association for Regional Cooperation) had similar talks years back.
Does it still sound like a fiction on integrating several currencies into one ? It is a fact that Globalisation is shrinking the world in a faster pace. Trade is happening between countries in unimaginable proportions. With all this it still might be a dream where the whole world transacts with only one single currency but who know it might happen too !!!
Mohan Raman V
1 comment:
yes ... i have been studying the need for a "single world currency" for a while ... first began really thinking about it when i read "It would be difficult to exaggerate the psychological and social impact of the anticipated replacement of the jumble of existing monetary systems--for many, the ultimate fortress of nationalist pride--by a single world currency operating largely through electronic impulses." ... ... if interested in some of my theories please go to .... http://www.investorsiraq.com/gold-silver-precious-metals/30006-silver-gold-some-personal-thoughts.html .... thanks .... a person of oneness,Dean Hedges
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