Topic: What will happen if we use a one currency only? - page 6. (Read 19529 times)
Every countries are differents in terms of economic status, it is hard to use only one currency because in every country the agricultural, industrial, social and communication are different in quality and also different in price, if we used only one currency and one value maybe the word unity will come true or globally united. If we use only one currency, it will also affect globally economic balance, shall we say that all countries are level in terms of economic goods and product's, and there is no country's above and below it will globally level in terms of goods and commodities, because we are using one currency and equal in value. Nothing to fight or declare war against other nation to become superior or most powerful country because even though one country won the war after all we are all equally balance and nothing will become most powerful country it is equally level and helping towards together by developing globally equal in terms of economic status.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
In my opinion, the world's economy may be stable but static. There will be no such thing as inflation, even in some small countries it will be difficult to export imports to big and advanced countries, hoping to profit from the imported exports to be smaller, because the value of its currency is the same as the big and developed countries. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Wouldn't a shitty economy in one country, or something unfortunate happening lower the value for all other countries? I don't like the idea that much.
I guess i will be a disater because the goverment which print this currency will hold all the powers of the world in their hands and it's not a good one.
I think this is a good idea, the world will be better if using single currency, commodity prices will be the same and of course the economic gap between countries is not too far away.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
I think it won't happen because there are countries that will create their own currencyWhat if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Possibly, it will not lead to unity. You know why? Because all countries are now globally competitive so they will not allow that they are just with the same position with other countries. Also, all countries have their different wealth and country resources so they will surely not allow to make that thing happen. So we just keep it on the position where it is currently right now to avoid such happening to take over.
I agree on you. All countries are now globally competitive and it's will lead to inflation i think. the circulation of currency will keeps increasing because some people might hold or keep their money.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Actually, it is possible. But every country won't make it possible. What will just happen to all countries who are in the bottom in terms of wealth. Some of them are relying in other countries. For example, 1 USD is a big amount to a certain country when you convert it into their currency. So I think they will not make it possible, unless they will make solution.What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Thinking this will be great but still, it will not happen I can see every leaders of the country disapproving and laughing at this kind of idea. First off, every leaders has their own way of fixing and maintaining their economic status, they circulate money in order to control it and how it will be doing in the circulation in the country. There are also some leaders who managed to increase the value of their currency and will not accept that it will be replaced by something to be used by all of the countries. Every country are competing with each other by showing their good economy and control, using only one currency is like saying to them to be same as the others and also bring down the level of their economy which we all know that will never happen. Every leader of ever countries has their own big and high pride.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Possibly, it will not lead to unity. You know why? Because all countries are now globally competitive so they will not allow that they are just with the same position with other countries. Also, all countries have their different wealth and country resources so they will surely not allow to make that thing happen. So we just keep it on the position where it is currently right now to avoid such happening to take over. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
It is a complex thing if we would have just one currency for the entire globe. Simply because each country was goverened by a different group or leaders, the economy of each country are different. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Actually, it is possible. But every country won't make it possible. What will just happen to all countries who are in the bottom in terms of wealth. Some of them are relying in other countries. For example, 1 USD is a big amount to a certain country when you convert it into their currency. So I think they will not make it possible, unless they will make solution.What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
The idea is interesting but difficult to implement. Countries have different laws, taxes or earnings. Changing this requires a lot of work. It is enough to look at the problems of the euro in the EU. Each country has its own interests despite the single currency.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
I guess it would be more organized since we are sharing the same value and amount of everything all over the world. Still, there is also a possibility that it would be kind of unorganized since the value of everything will adjust to the same currency and not all resources are found in every country. So, there must be balance.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
no.i dont want to happen this question in real world.because if they happen that we use only one currency it can affect for all nations economic.every nation have different rules on their government.and it gives a big problem if that happen soon.many investment,realstates.bankings etc.are close.so that the big problem.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
I guess it would be more organized since we are sharing the same value and amount of everything all over the world. Still, there is also a possibility that it would be kind of unorganized since the value of everything will adjust to the same currency and not all resources are found in every country. So, there must be balance.
There would be no point in trading and nothing will be worth people will be mad because the rich get more salary than the poor and people will be mad because they get the same amount of salary as everyone else.
I must say that the usage of one currency and that too across the entire globe will really prove out to be the most beneficial thing for all those who are living in this world. This will remove the need of having multiple currencies especially for the ones who are busy travelling around the world most of the times. This wills also help all the countries to trade independently without paying in other currencies.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
Actually, it is possible. But every country won't make it possible. What will just happen to all countries who are in the bottom in terms of wealth. Some of them are relying in other countries. For example, 1 USD is a big amount to a certain country when you convert it into their currency. So I think they will not make it possible, unless they will make solution. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
It is not possible if all countries use one currency, many countries will reject it. Each country has its own currency to facilitate transactions, and if using one currency globally it will create chaos in a country's economy.
A lay man can use only one currency otherwise the people who do businesses and other activities they must need the other currencies if they do the business of import and export then they have to use many other currencies thus i have need the dollars every where the dollar is used for universal payments and now the digital mode of payment is through the bitcoin it is not good to have only one currency.
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
I see bitcoin as the world currency and that is a great dream to me, it will make the world so universal and strong but in as much as making bitcoin a global currency will bring close financial tie's among nations of the world it will still be faced with a lot of problems such as the technological inability of most of the undeveloped countries of the world where the is no electricity and technology that will support online transactions such as bitcoin and other digital currency whose life depends on modern technology. So it will take a long time before that can be achieved. What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.
I can't see that the wold will use only one currency. It's like being a president, you have what it takes "alone". And I know some people will disagree and wants to be like that way usually. And if that will happen, I think it would be chaotic. Imagine one cryptocurrency all over the world ? that means merging all who holds that type of cryptocurrency and maybe some will plot bad things. That type of cryptocurrency will be over populated
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