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The value of each Country's currency is determined by the financial heath of each Country in question, as opposed to the value of any other Country. In other words, a wealthy Country like the United States of America has a currency that is worth more than the Mexican Paso. The Government of Mexico doesn't have a whole lot of natural resources.

A Country that has a weak currency allows the people within that Country to sell more products to people within other Countries because those products usually cost less because those people who make those products earn less money. Then again, there has to be a demand for those products World-Wide, in order for that weak currency Country to improve the purchasing power of its currency.

It is also true that debtor Nations' currencies are worth less, World-Wide, and most of the products produced and sold, the revenue from which, does nothing more than help reduce that Nation's debts to the other Countries of the World.

The term "Banana Republic" refers to Countries that have nothing to offer but agricultural goods. It has little or no natural resources and it has little or no manufacturing facilities to produce other kinds of tangible property, i.e. cars, appliances, steel or other products like chemicals. The people are mostly farmers and/or hunters while the politicians within their Government are usually the richest people within that Country. In some cases, they are also the greediest and they pay little to the people who work for them.

Taking the above into consideration, a "Single World Currency" is nothing more than madness. To do so would require a World Bank that would have to contain the majority of the financial wealth of the entire World and every financial transaction between Countries would have to be processed by that bank.

Then again, it is most likely that World Bank would be located in the richest Country which, in turn, would most likely financially dominate each and every other Country. As luck would have it, those politicians within the richest Country would have their way in determining the well being of all of those poor people within those other Countries.

Sooner or later "Free World Trade and Enterprise" would become nothing more than "The Age of Economic Servitude," giving rise to social unrest and revolutions. All or most of those rebels would be branded as Terrorists, because they don't represent the will of the Government, nor are they members of any recognized Government. You see, Terrorists of today

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