TIGed

Switch headers Switch to TIGweb.org

Are you an TIG Member?
Click here to switch to TIGweb.org


Home Community Discussion BoardsIssuesGlobalizationShould there be global currency ?

« BACK TO FORUM

Discussion Boards Guidelines Discussion Board Guidelines
FAQ

Thread Pages 1 2  »
Author
Post
Reggie

Joined: Oct 19, 2009
Posts: 31 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Male & 32
Country: United States
Should there be global currency ?
Dec 2, 2009

Global currency = One monetary system

Does global currency reduce economic recessions across countries around the world ? Yes ? Why ? No ? Why not ? And please discuss how can we solve international recession ?

back to top  |   link to this post
Member Profile SolarDragon1985 PROFILE TIG Messenger TIG MESSENGER
hot stocks

Joined: Dec 11, 2009
Posts: 1 (view all)
Poster Rank: Tongue-tied
User is Offline

Gender & Age: Male, 46
Country:
Re: Should there be global currency ?
Dec 11, 2009

Sounds like good idea. Atleast will reduces hassles of currency conversion.


back to top  |   link to this post
Member Profile hotstocks PROFILE TIG Messenger TIG MESSENGER
Kabo Harold

Joined: Mar 2, 2006
Posts: 38 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Male, 33
Country: Botswana
Re: Should there be global currency ?
Dec 15, 2009

Gentlemen...

I'm very disappointed in your lack of understanding in regard to monetary and fiscal policy. If the world had one currency, political bureaucrats would needlessly print money to create inflation. Its actually happening now in your country. Theres a genuine consensus in Washington that a weak dollar would lead to an export boom. Throughout history no country has been able to spur economic growth by debasing its currency. One global currency would lead to chaos and wealth depreciation. Politicians and central planners would destroy whatever value there is in the currency.

If such a nightmare were to ever become a reality, I'd buy gold and hold it until I join my ancestors.


back to top  |   link to this post
Member Profile kaboharold PROFILE TIG Messenger TIG MESSENGER
Reggie

Joined: Oct 19, 2009
Posts: 31 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Male, 32
Country: United States
Re: Should there be global currency ?
Dec 16, 2009

Kabo Harold ,

Yes. I agreed with you strongly. Did you watch IOUSA, documentary film on national debts, ? A reason why I brought up the topic so I can educate to the people through discussions. Peace.


back to top  |   link to this post
Member Profile SolarDragon1985 PROFILE TIG Messenger TIG MESSENGER
Kabo Harold

Joined: Mar 2, 2006
Posts: 38 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Male, 33
Country: Botswana
Re: Should there be global currency ?
Dec 18, 2009

Hi reggie

Its great to see somebody my age agreeing with the principles of sound money and prudent fiscal and monetary policy. In my country Botswana, entitlement programs and bloated government are being touted by irresponsible politicians thirsty for a vote. To answer your question, I didn't watch the IOUSA movie but I did read the book. Its really disheartening to see a once prosperous nation making such poor economic decisions. Although I have a soft spot for President Obama, I disagree with his policy of tax, tax and tax. Most people say that money is the root cause of all evil. I say that personal income taxes are the root of all evil. At the rate US politicians are going, Americans my age wont have a financial incentive to start and grow their businesses.

Keep up the good work Reggie. People need to know the truth and by fostering a debate on currency issues, more individuals will be enlightened on global concerns. In conclusion, I'd like to invite you and everybody reading this blog, to visit the Ludwg Von Mises Institute website. I happen to be a libertarian and scholar of the Austrian School of Economics. Cheers!


back to top  |   link to this post
Member Profile kaboharold PROFILE TIG Messenger TIG MESSENGER
Anna

Joined: Mar 6, 2009
Posts: 65 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Female, 22
Country: New Zealand
Re: Should there be global currency ?
Jan 31, 2010

Hi to Reggie and Kabo Harold,

I admire that you both seem to know so much but having never taken an economics class in my life or ever becoming interested in financial matters until now (though the media has higlighted the recession big-time, fortunately I haven't seen much change in my area) I'd like to ask if you could please explain to me? The extent I know is about inflation - studying post-war Weirmar Republic in 1923 Germany which is a perfect example.

I apologize for my ignorance but if you help I would be grateful. It feels like I've been hiding under a rock on these issues that affect too many of us but as teens you don't take much notice of it.

Thanks. smile


back to top  |   link to this post
Member Profile HiddenArtess PROFILE TIG Messenger TIG MESSENGER
Adhisha Gammanpila

Joined: Feb 2, 2010
Posts: 166 (view all)
Poster Rank: Chatterbox
User is Offline

Gender & Age: Male, 22
Country: Sri Lanka
City: Colombo
Re: Should there be global currency ?
Feb 9, 2010

Hi.........

I think there should be a global currency because it makes the world do there actions on one defined standered currency.

Thank You
Adhisha Gammanpila


back to top  |   link to this post
Member Profile adhisha PROFILE TIG Messenger TIG MESSENGER
Sheroze Sheriffdeen

Joined: Feb 2, 2010
Posts: 69 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Male, 25
Country: Sri Lanka
City: Colombo
Re: Should there be global currency ?
Feb 11, 2010


HiddenArtess wrote:

Hi to Reggie and Kabo Harold,

I admire that you both seem to know so much but having never taken an economics class in my life or ever becoming interested in financial matters until now (though the media has higlighted the recession big-time, fortunately I haven't seen much change in my area) I'd like to ask if you could please explain to me? The extent I know is about inflation - studying post-war Weirmar Republic in 1923 Germany which is a perfect example.

I apologize for my ignorance but if you help I would be grateful. It feels like I've been hiding under a rock on these issues that affect too many of us but as teens you don't take much notice of it.

Thanks. *


True. Until I see people talking about recession on TV I didn't care much about it. Even if we don't play an active role in the economy we are soon to be.
It's good to be prepared than late.


back to top  |   link to this post
Member Profile sheroze1123 PROFILE TIG Messenger TIG MESSENGER
sakitha

Joined: Feb 2, 2010
Posts: 35 (view all)
Poster Rank: Talkative
User is Offline

Gender & Age: Male, 24
Country: Sri Lanka
City: Colombo
Re: Should there be global currency ?
Feb 14, 2010

having a global currency will take world economy a new heights...the main point is whether we can do this with current situation....because each an every country has different plans on their economic goals.....but if we achieve this goal it will be very effective in international trading and will make a proper platform to trade the goods and services...yet the tariff barriers, inter government differences will bring restrictions....


back to top  |   link to this post
Member Profile sakithakumarage PROFILE TIG Messenger TIG MESSENGER
Adhisha Gammanpila

Joined: Feb 2, 2010
Posts: 166 (view all)
Poster Rank: Chatterbox
User is Offline

Gender & Age: Male, 22
Country: Sri Lanka
City: Colombo
Re: Should there be global currency ?
Feb 14, 2010

Yes I agree with you Sakith....

Having a global currency would help the traders to trade easily and do their accountings in a good manner.....
-------------------------------------------------------------------------------------------------- -------
Thank You
Adhisha Gammanpila
Grade 10 Student
Royal College
Sri Lanka


back to top  |   link to this post
Member Profile adhisha PROFILE TIG Messenger TIG MESSENGER
Gary Richardson

Joined: Aug 21, 2012
Posts: 44 (view all)
Poster Rank: Talkative
User is Offline

Country: Australia
Province/State: Western Australia
City: Perth
Re: Should there be global currency ?
Aug 25, 2012

This is another lie of the NWO.(New World Order) They want;
1) A world Currency

2) A world Government

3) A world Army.

4) A world religion.

5) No counties.

If this happens we will know what super Fascism is like.

Remember that Power corrupts and Absolute Power corrupts absolutely!!


back to top  |   link to this post
Member Profile FriendofOrion PROFILE TIG Messenger TIG MESSENGER
Gary Richardson

Joined: Aug 21, 2012
Posts: 44 (view all)
Poster Rank: Talkative
User is Offline

Country: Australia
Province/State: Western Australia
City: Perth
Re: Should there be global currency ?
Aug 25, 2012

A global currency is about Globalization and World Government and is not to the benefit of any free person.

Wake up before its too late!


back to top  |   link to this post
Member Profile FriendofOrion PROFILE TIG Messenger TIG MESSENGER
RobertPattinson

Joined: Feb 27, 2012
Posts: 10 (view all)
Poster Rank: Soft-spoken
User is Offline

Country: United Kingdom
Province/State: Slough
City: Slough
Re: Should there be global currency ?
Sep 12, 2012

Politicians and central planners would destroy whatever value there is in the currency.,Throughout history no country has been able to spur economic growth by debasing its currency.If the world had one currency, political bureaucrats would needlessly print money to create inflation. Its actually happening now in your country. Theres a genuine consensus in Washington that a weak dollar would lead to an export boom. One global currency would lead to chaos and wealth depreciation.
-------------------------------------------------------------------------------------------------- -------
iPhone 4 cases iPad 2 Cases


back to top  |   link to this post
Member Profile RobertPattinson PROFILE TIG Messenger TIG MESSENGER
Lenora

Joined: Sep 10, 2012
Posts: 3 (view all)
Poster Rank: Tongue-tied
User is Offline

Country: United States
Province/State: Wisconsin
City: New Berlin
Re: Should there be global currency ?
Sep 13, 2012

I remember the discussion about the Amero, the counterpart of the euro, but for America. It's obvious that latin economies are not that strong as their europeans equivalents


back to top  |   link to this post
Member Profile Aultagrags PROFILE TIG Messenger TIG MESSENGER
ian rae

Joined: Dec 8, 2012
Posts: 218 (view all)
Poster Rank: Chatterbox
User is Offline

Country: United Kingdom
Re: Should there be global currency ?
Sep 10, 2013

it sure is sad to see the working class worry about currency as if it means something in a world of trillionaires you only get crumbs from these people you have made incredibly wealthy one currency you'll still be wage slaves irrespective.cool


back to top  |   link to this post
Member Profile mullrae PROFILE TIG Messenger TIG MESSENGER
Display posts from:

« BACK TO FORUM

Forum Jump:


Thread Pages 1 2  »

All times are GMT-05:00

» Check that you are logged in!

You cannot create new threads in this forum
You cannot post replies in this forum
You cannot vote in polls in this forum
You cannot edit/delete your posts in this forum
Administrators: angiex, anuriandima84, BeeWall, Fatimamirza09, Liamjod, Quincy-348, shamricardo, smensah
Moderators: danieln25, darhcik, janepe, Liamjod