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The talk about a single global currency always gets those who talk about the Antichrist and how he'll have a single global currency going. I also believe he will take advantage of such a thing. But it is also very practical. But the only way it will work is if there is an organization that can control the world's economy to prevent inflation and wreckless spending. Nations will have to give up their currencies and accept the new currency.

Let's call the new currency the credit. That has been a popular name for a currency in science fiction. When people travel to other countries, they would not need to worry about an exchange rate. One credit may be equal to $2. People could go to any ATM in the world and withdraw credits. But it wouldn't be in paper money. It would be an electronic currency transferred into the ATM card.

For those who want to hold the currency, it may come in denominations of 1 cr, 5 cr, 10 cr, 20 cr, 50 cr, 100 cr, 500 cr, 1000 cr, 5000 cr, 10,000 cr, 50,000 cr, and 100,000 cr. The denominations over 1000 cr would be issued for business purposes. There would also be coins like the penny, the 5 penny, the dime, the quarter, and the 1/2 cr. The coins would be made from aluminum with a copper center so that people can't counterfeit the coins as they might if they were made from only one metal.

Most likely people will opt for electronic currency transfers into their cards so that they won't need to carry cash. There will be transfer machines everywhere that will be like credit card and debit card machines. The personal transfer machines will replace wallots and allow people to receive credits from other people like they do cash now. If someone wants to rob them, the transfers would be tracked and the police could easily catch those that illegally take credits from others. That's why we will eventually have a cashless society.

Here's where the paranoia will set in. Since the Antichrist will be able to control the economy with a single global currency, he will be able to use computers to throw some nations into instant depressions as punishment. Let's say a national leader like another Obama decides to print trillions of credits. Since he would have nothing to back the currency, the Antichrist and his economic organization will be able to devalue that nation's currency so that most of the currency will be declared worthless and will have to be destroyed. That will eliminate much of the inflation that could happen when a nation foolishly prints money that isn't backed by anything like precious metals and securities. If the Antichrist says a nation is worth only 10% or less than it claims to be worth, if the computers support the Antichrist, what he says will go. That's why people fear a single global currency. One man controlling one organization could control the world.

But once the world is at peace, a single global currency will be something that will stabilize the world's economy to prevent poverty and inflation. It will be the first time in history since the invention of money that the world will have a single currency.

Learn more about this author, Rick Badman.
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