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About Single Global Currency Association
The Single Global Currency Association seeks the implementation of a Single Global Currency, managed by a Global Central Bank within a Global Monetary Union, by the year 2024.
The Single Global Currency will save the world hundreds of billions of dollars annually through the elimination of foreign exchange transaction costs, the elimination of the need for foreign exchange reserves, and the elimination of currency fluctuations and the risk of currency crises.
International trade and travel will increase, and the world's GDP and global asset values will increase by trillions.
The Association will work toward this goal through a worldwide campaign of public education and advocacy and local chapters in every currency area (monetary union or country) in the world. The Single Global Currency will be achieved through the creation, expansion and merger of monetary unions.
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Political & Economic Theory
- Could a single global currency work? -- Yes or No
- Should each nation use its own currency or adopt an international currency? -- Nation or Int'l
- The existing multicurrency international financial system is too risky -- Disagree or Agree
- Benefits of a single global currency
- Costs of a single global currency
- Would moving to a single global currency save money in the long term? -- Yes or No
- Is the cost of moving to a single global currency worth the gains? -- No or Yes
- Nations should start planning for a change to single global currency -- Agree or Disagree
- Benefits of creating regional monetary unions
- Why the euro has been a success for Europe
- Why a single global currency is better than regional currencies
- Why a single global currency is better than national currencies
- Steps world leaders need to take to move toward a single global currency
- How regional monetary unions can lead to a single global currency
- Are national symbols on money important to consumers? -- No or Yes
- Ideas for designing paper and coin money for a single global currency
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