One World Currency

Quote from peilthetraveler:

We had a one world currency for 1000s of years. It was called "GOLD"

Gold can be hoarded which constricts the money supply/liquidity. Then lent at interest (usury).

Gold is a form of wealth, however other forms must be available to prevent hoarding. In Promise Language any form of value is transactable: gold, silver, land, time, labor, yen, dollars, euros, etc.
 
No thank you.

We get a huge advantage by being the single producers of the world's reserve currency. The two pillars of the American might are the dollar & armed forces. Our corporations & armed forces would suffer dramatically if we adopt some kind of equal currency with any friend.

Not good for us.
 
Quote from jueco2005:

No thank you.

We get a huge advantage by being the single producers of the world's reserve currency. The two pillars of the American might are the dollar & armed forces. Our corporations & armed forces would suffer dramatically if we adopt some kind of equal currency with any friend.

Not good for us.

the market will force out the $US if it deems it unworthy.
 
Quote from peilthetraveler:

We had a one world currency for 1000s of years. It was called "GOLD"


Gold is the one world currency. 1 oz of gold is $1432.00
 
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