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Could a single global currency work?

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Yes
43% 175 votes Total: 409 votes
No
57% 234 votes

since these organizations use our money to control the rate of expansion in our economy. The rate of expansion in a global ecnomy should be dictated by the global economy. Given our use of Libertarian policy in our constitution our prospects in such a free market would be very good.

Our economy can be diluted with phony money but not phony gold. That ends the profiteering that China and other countries do by creating counterfeit money and counterfeit products! No more phony products since the country of origin fixes the price on the world market.

The assumption that corpaorate banks and the like will take over the world is inevitable since they hold alot of power and money. That is not bad in and of itself, since these banks compete and add value for all involved. The main point of free market is enterprise.

Enterprise is the foundation of a good world economy that benefits the most people. The benefits to poverty stricken countries is tremendous when donating to them is considered a international write-off.

The richest coutries should devise a system of internation credits for helping the poor in other countries. This is a constitutional form of socialism that benefits Americans today. We live in a country that has a very low rate of death due to malnutrition.

The foresmost aspect is devising a system of global quality control so that all people will be fed well and recieve medicine that isn't counterfieted. The environment will also benifit since the most productive and efficient country wins in the free market since they have the lowest overhead costs. Just like a business.

Learn more about this author, Adam Dorado.
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Below are the top articles rated and ranked by Helium members on:

Could a single global currency work?

Yes
  • 1 of 17

    by Michael Greaney

    The idea of a single global currency is not only feasible in our day and age, it has been effectively implemented a number

    read more

  • by Colin Morley

    This is a truly fascinating debate. As I write, the 'yes' side of the argument is losing, yet has more than twice as many

    read more

No
  • 1 of 13

    by Global Urbanist

    A single global currency makes the assumption that all of humanity has the same needs. Nations of the world have different

    read more

  • 2 of 13

    by John Talleos

    One world single currency has a nice ring to it. It's has though the world were one country with one identity. This is the

    read more

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