Topic: If the world uses a single currency - page 11. (Read 1832 times)
create a stable, of course, can, we could see examples such as Europe. they use one currency and it's very good for their economies. If every country in the world can use this system then price stability and the economy it's going to happen.
I do not think that there is really quite the need to have a single currency for all parts of the world. That would take much effort and time to actually be implemented. Having different currencies is effective enough as for conversions depending on their economic conditions.
No, the economy will not become more stable.
A single currency causes a country to lose its independence in exchange rate and monetary policy, leading to the flow of elements to developed regions.
Neither the free flow nor the unified central finance is currently lacking among the countries of the world and cannot be owned. So if there is a genuine currency at present, the economy will undoubtedly become more unstable.
If all over the world uses a single currency maybe some people not agreeing on what they want to developed because we all know that Some are not actually uses new technologies and we are different perceptions in every coins or in fiat moneys .It is so much useful in every kind of transaction but difficult to introduce all over the world. Time will come that all of us can benefits on bitcoin. A single currency causes a country to lose its independence in exchange rate and monetary policy, leading to the flow of elements to developed regions.
Neither the free flow nor the unified central finance is currently lacking among the countries of the world and cannot be owned. So if there is a genuine currency at present, the economy will undoubtedly become more unstable.
i dont know, i think the world use single currency is not gonna be happened.
because the countries around the world has their variety of incomes.
We can not find a currency that can be used worldwide because each currency has different values. I think bitcoin may be the world's common currency, it is not released by the government because the countries around the world has their variety of incomes.
The reunification of the currency is certainly good, but this is hard to come by because it means that all countries on earth have an alliance or just one country left, just like the EU. The former approach is basically impossible because countries have different views Different habits, and then one, for the time being, every nation has such abilities.
It is hard to have united currency in the world. The currency represents the economy of each country. At present, the difference between the economies is quite large. Many countries will not accept the use of the same currency
I don't think the world's use of a single currency is a good thing.
Because there are many countries, using the same currency can easily generate inflation, which is not conducive to the development of the country.
I think there is only one way to use the same currency, and that is world unity.
Because there are many countries, using the same currency can easily generate inflation, which is not conducive to the development of the country.
I think there is only one way to use the same currency, and that is world unity.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Definitely it will not happen. Single currency creates trouble if ever they will consider that. There are some countries who are not economically good. They can't level there income to other countries whomany economy is very high.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
I think the world use single currency is impossible and it will not gonna happen. The economy of every country is very different especially countries who belong to the third world country. It takes a lot of documentation and thorough open forum for each country. The world has different kinds of government. There are countries that are Republic, monarchy, communism and many more. So probably one single currency is very impossible.
That is garbage. It will not betoken well, and can merely prompt devastation and an even bigger variety of problems than those we've currently. Most nations can even feel duped and a few can utilize it as an opportunity to abuse others. it is not a wise thought, therefore i do not bolster it. Indeed, even the people United Nations agency square measure functioning as government staff can feel swindled once they discover that the thousands they're been paid in their nation is useless. It's higher everyone proceed as they see things.
If the world uses a single currency, I think that so impossible to stabilize the economy of all the country on this world. It is easy only once person visit going to some states or buy stuff from another country, because we do not need to convert our money. We don’t need to go abroad to work because of the same currency.
Pros and cons are there for everything in this world. But as far as bitcoins being used as single currency all over the world, I think this would be having more cons than pros. Reason is, the economic growth of all countries would be same. Like there would be no difference in first world countries and that of third world countries. Everything will be treated same throughout the globe. 
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
In my opinion this is an impossible thing to happen. Every country has its own way for their economy. Adopting other currency is like an insult on their economic stand. Logically government will stand firm that if their is a change they would become first rate country with their own currency.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
if the world uses one currency it seems it will be a price game and will become very expensive even very rare because the currency will become very rare not only that we send money and transact overseas will become easier not need to be in exchange to some currency again.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
I think this will never happen. Because every country would want to maintain the currency of their respective countries. And I think if this happens certainly all countries in the world can not even stabilize the economy of his country. This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
If the world uses a single currency, I think that so impossible to stabilize the economy of all the country on this world. It is easy only once person visit going to some states or buy stuff from another country, because we do not need to convert our money. We don’t need to go abroad to work because of the same currency.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Although it is not possible, it is still a good idea. The thought of using only one currency is also equality. Meaning, we are all equal in economic state. The development of the countries will not only depend in one but will also consider every single one. Plus, let's be honest. Calculating the money to other currencies is very hassle. I mean why would you do it when you can just use one currency? In this case, we will also be able to recognize and promote only one currency.
I do not think this will happen because every country has its own policy and, one currency means one order,one policy, one government, so it is impossible to happen for the whole world to use one currency.
Yeah exactly i think it is not even possible and it is very challenging knowing the fact that there are nation who wants dominance to other nation that is why their currency should be recognizes and they don’t want the world has only one currency. That is why some nation againts bitcoin because it has no boundaries and everyone is able to use it.
It would be great because there will be an equality for the overall countries in the world because we don't need to compare and convert or calculate something in order to compare the price if it is more expensive in our current country or less expensive compare to the other countries in the world. So it will be a big help in overall countries and it might promote a unity for all of the countries.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
I don't this may happen because the main reason is that every country ha own economy and own different different growth and also if it happened that all the world start to accept single currency then in that case many orob of earnings sources goes destroyed .This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Like those who are making money by conver money of one country to another country and another currencies like cryptourrency will have not much value and people will hardly able to do trading in Fiat with bitcoin and with that we can see that many banking sector will get collapsed directly without difference and also many activities at illegal level will turns into more because payment will become easy and they can make supply easily .
I am indeed somehow indifferent about this. Firstly, single currency usage globally might ginger economic stability which shall however metamorphose into Unification. The Sovereign nation objective failed because there can never be a single Economic Dominance, since each country has different ethnicity and cultures inherent in their Economic Domain. On this note as well, I come to think of it that despite Economic Unification which single currency may likely brought about, differences in Cultural heritages would hinder this dream nullity.
If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
This is far to be happen. Every countries has their own unique economic growth which is not applicable to others. If you will put a single currency of all country then where you want to be the basis...It's difficult because it will create chaos to the people.This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
It could be possible to have a single currency for international trade. If that happens maybe the economy can be stable if the whole world uses a single currency. But which currency will be used will always be the mutual competition from several countries to propose its currency into a single currency
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