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Should we adopt a "One World Currency and One World Financial System?" (1 Viewer)

HalcyonSky

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good idea in theory but results were varied on the day
 

jaychouf4n

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First post =]

It create's stability, I'd say because the ups and downs of each country cancel each other.

But how do we govern a one world currency and financial system...
 

Gerald10

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Huge logistical problems.

The world leaders can't agree on free trade let alone something this radical.

I think that since so many people are dependant on others financial systems its in theory a good idea.

More likely is a bought of protectionism...
 

zstar

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jaychouf4n said:
First post =]

It create's stability, I'd say because the ups and downs of each country cancel each other.

But how do we govern a one world currency and financial system...



You're an ignorant douchebag.
 

aussie-boy

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zstar said:
You're an ignorant douchebag.
please elaborate

i dont know if i would trust guys like mugabe with my money... and he wouldnt agree to it anyway because with proper regulation he wouldnt be able to print more for himself

we can see the EU forming a single, integrated financial system - surely this would suggest that it would theoretically work on a world scale as well

the other thing is, how would you ever agree on an exchange rate for the world currency? eg aussies would never accept the current exchange rates as fair
 

aussie-boy

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Trefoil said:
What a bad idea.

Aussie-boy: The current exchange rates are great for business in Australia. We actually needed a drop in our dollar to curb out of control growth anyway. In fact, our recent dollar drop also shields us from a fair bit of the Wall Street crash.

http://business.smh.com.au/business/the-fall-of-the-little-aussie-battler-20081011-4yi3.html
the point i am trying to make is that if we wanted to switch over to a common currency, we would want maximum $World for our $A; as would every country... We would not be satisfied with our current exchange rate
 

Trefoil

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aussie-boy said:
the point i am trying to make is that if we wanted to switch over to a common currency, we would want maximum $World for our $A; as would every country... We would not be satisfied with our current exchange rate
That's a pretty rubbish argument against the idea.

I mean, the idea itself of a global currency certainly is rubbish, but this isn't really a case of rubbish begets rubbish.
 

Nebuchanezzar

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I think it's a fantastic idea, theory wise. Since we've globalised (and sensibly so, mostly) the world, surely we should have an equal trade token.
 

aussie-boy

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what about if we just started using the euro?
that would immediately grind speculative volatility to a halt
europe has such a wide range of exports and industries that its currency is not going to depreciate significantly any time soon
 

zstar

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aussie-boy said:
please elaborate

i dont know if i would trust guys like mugabe with my money... and he wouldnt agree to it anyway because with proper regulation he wouldnt be able to print more for himself

we can see the EU forming a single, integrated financial system - surely this would suggest that it would theoretically work on a world scale as well

the other thing is, how would you ever agree on an exchange rate for the world currency? eg aussies would never accept the current exchange rates as fair

The New World Order is a system of control by globalist banking elite.


This one world government is part of their system of control, The EU is not a democratic system it is a Socialist Empire. They're doing the same thing to America without their permission and destroying sovereignty by forcing the North American Union. They want to destroy the greenback and replace it with the Amero. They want a single currency and put chips inside of us and we all become part of this Orwellian system.


This financial crisis is caused by the privately owned Central bankers known as the Federal Reserve esentially controlled by 12 banking families such as the Rothschilds and Rockefellers. In 1913 they engineered an economic crisis and Woodrow Wilson signed the Federal Reserve act essentially giving up power to the bankers.


This led to the removal of the gold standard which caused the Great Depressions and is responsible for all Inflation which is like a hidden tax robbing us of our wealth and destroying our economies. This economic crisis is caused by the Fed and government inverventionism and a one world currency won't do squat because it would just be another Fiat currency which inflates and looses value too.


Governments cannot regulate anything, They are responsible for inflation and all fiat(money with no intrinsic value) currencies throughout history inflate then deflate then hyperinflate and die out. Only Gold and Silver backed currency prevent inflation but the economists of today are Keynesians who are utterly clueless about everything.


If you want more information look up


Austrian School of thought
Ludwig Von Mises
Murray N Rothbard
Ron Paul
Peter Schiff
Fractional reserve banking

For more about the New World Order

Lookup

Infowars.com
Zeitgeist(Ignore the crap about religion)
Fiat empire


http://www.youtube.com/watch?v=_dmPchuXIXQ

http://www.youtube.com/watch?v=BPU8w7Bxc0A

http://www.youtube.com/watch?v=n_Jnt61b4nk


There's basically a whole lot of things that you should be informed about.
 
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aussie-boy

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its awesome to see people who disagree with the sq for an actual reason... even if it is a bit out there... i will read those links however
 

Captain Hero

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Holy fuck this is the most retarded suggestion I have ever heard of.

EDIT: Let's replace all food with soylent green and all emotions with malaise

EDIT1: Someone's already posted NWO stuff, :( Fuck. :(

EDIT2: Amero's coming due to the crisis, belee dat.
 

d3vilz

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methinks we should have:
  • Euro
  • a currency for Asia/+ Oceania
  • a currency for Africa
  • a currency for North America
  • a currency for South America
 

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