China calls for new global currency
http://news.yahoo.com/s/ap/20090325/ap_on_re_as/as_china_global_currency
An interesting concept, a global currency, but given the relative ease of modern currency-to-currency transaction practices why further upset an already delicate global economy? It is more likely that China would rather see the economic position of the US decline, as would be the case if the dollar was not the global standard as it is today.
An interesting concept, a global currency, but given the relative ease of modern currency-to-currency transaction practices why further upset an already delicate global economy? It is more likely that China would rather see the economic position of the US decline, as would be the case if the dollar was not the global standard as it is today.
posted by ASWALD01 at 3:27 PM
1 Comments:
Even if a global currency is possible and would make transaction easier, it would be very sad to see the interesting and diverse currencies fall to the past. I mean it was sad enough that Europe is on the Euro. I'm a lover of different currencies and like collecting them. So to me this is sad.
Post a Comment
<< Home