by Marc Phillippe Babineau

Created on: April 19, 2008

A single global currency would be a dream for travelers, and a nightmare for futures traders and currency exchange markets. But, it is achievable. With the varying scales of value towards each nations' currency, a single global bank would have to be instituted, sort of like the Bank of Canada, but on a global scale. International travel and commodities exchanges would become a lot easier, cheaper and therefore more commonly used, increasing almost every single market in each and every nation. Geographic boundaries would still exist, but the fighting for what is under each nation would stop, as all resources would be shared equally on the global market; one gross national product would eliminate the need for poverty, tribal warfare, economic plunder, war for geographical or natural resource gains, or any other problematic excuse for people to kill one another.

One probable hiccup in a global currency would, of course, be the dissenters. Getting every single nation to sign on to a global currency, a wider version of the Euro, would be an astronomical and herculean effort. Countries like China, North Korea, Iran and Pakistan would never agree to join with the Western Hemisphere on a global currency, insisting that it be nothing more than a play by the West to gain more control over them. Trust, you see, is not something that will ever be granted from and to each and every nation on the face of the planet. History is against us, as is the fact that humankind tends to repeat its' greatest plunders. You are supposed to learn from your mistakes, not blame them on someone else and then kill them so that they can not tell the truth. Ridding the planet of war would be a requisite of a global currency, and asking ethnic factions to forgive thousands and thousands of years of mutual hatred and scorn would be akin to asking George Bush for a serious and honest answer about the existence of weapons of mass destruction in Iraq.

Okay, so you, dear reader, must be wondering how this could be a sway to the positive side of the global currency possibility issue. Yes, it is possible, and extremely viable. The financial gains would be astounding, and would show positive results almost immediately, especially for the currently known "Third World" nations. Nations that are rich in currently high-priced commodities, such as oil and diamonds, gold and foodstuffs would lose in the deal in the short term, as the wealth would be spread around the planet. Instead of ten percent of the population controlling ninety percent of the wealth, it would be one hundred percent of the population controlling one hundred percent of the wealth. People would be able to travel and work where and how they wish. Immigration would not exist, as open borders would be a consequence of a global currency.

So, what are we waiting for? Peace. Love. Tranquility. The brainwash of the sixties comes back to haunt us, but the hippies just might have had a good point, after all.

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