/biz/ - Business & Finance

[Anonymous No.50659985]

Would the world benefit from a single world currency?

[Anonymous No.50660028]

>>50659985
The US and all the developed world , emerging markets would suffer the worst economic downturn due to expensive exports and the inability to print money to finance themselves.

[Anonymous No.50660080]

The world will be infinitely better when its run by a singular system. I long for a world with no differences. A world where everyone speaks the same language. A world where the currency is the same all over the world. Where religion ceases to exist. When theres only 1 bank. When theres only one government. When theres only 1 united people. Through unity we will attain peace and prosperity for all eternity. We will be able to build a new tower of babel and attain that which is rightfully ours.

[Anonymous No.50660639]

>>50660028
>inability to print money to finance themselves.
governments dont print money. private banks do. governments borrow from banks that is what causes inflation.

[Anonymous No.50660657]

>>50660080
Then one day some deranged tranny weirdo hijacks the system and forces everyone to eat bugs, get sex change operations, own nothing, and mass misery.
Centralization, fuck yea!!

[Anonymous No.50660659]

>>50659985
>rand
lmao

[Anonymous No.50660674]

>>50660080
>A world where everyone speaks the same language.
Disgusting, you are equal to someone who swirls together various colors of paint and calls the resulting sludge an improvement. Language is the root of culture.

[Anonymous No.50660775]

Monopoly is tyranny.

[Anonymous No.50661381]

>>50660657
Take your meds. Paranoia can be fixed by meds after all.
>>50660674
Culture is the root of conflict.

[Anonymous No.50661723]

>>50660080
Fucking gas yourself.

[Anonymous No.50661735]

>>50661723
He’s right though

[Anonymous No.50661740]

>>50661735
You can gas yourself too, kike.

[Anonymous No.50661827]

>>50659985
yes, but no jewish money printed fiat
bitcoin.

and we should speak the same language like esperanto or just english since everyone that is not a bug already speak it
>inb4 muh culture
the whole point is to send and receive a message
if I send and you don't get it we both wasted our time

I could be fucking sweet asian assholes and spitting on latinas mouth after a rough sex session without learning their language instead I'm on this indonesian weaving basket forum

[Anonymous No.50661848]

A single currency doesnt even work for Europe and now you want to make the same mistake for the whole world ?

The gold standard sort of used to be a single currency. Didnt work either

[Anonymous No.50661877]

>>50659985
Funny thing, the arab word Dinnar means gold coin and actually derive from the latin denarius, probably imported into the arab language when the Ghassanide arab tribe started to work for the byzantine.

Thanks for hearing my Ted talk.

Anyway OP, historically there was just one currency and it was gold and silver, worked pretty well.

[Anonymous No.50661881]

>>50660639
>governments dont print money. private banks do.

[Anonymous No.50661882]

it’s called XRP fella look it up

[Anonymous No.50661884]

>>50661827
>>inb4 muh culture

[Anonymous No.50661898]

>>50661848
You're an idiot

[Anonymous No.50661936]

>>50661848
It doesn't work for Europe because European countries are all generationally fucked but in slightly different ways. Unless they print a bunch of euros and spread them around correctly a lot of old people are going to starve. The US dollar and cryptocurrencies are much more usable internationally because they aren't subject to the whims of a bunch of retards trying to bail out a boat full of holes.
>but US inflation
is mostly driven by supply problems rather than monetary policy at this point, and work is being done to reshore our supply chains.

[Anonymous No.50662010]

>>50659985
yes the world would greatly benefit from gold that's right

[Anonymous No.50662081]

>>50659985
Nations and banks don't trust each others
There is a global retreat of global correspondent banking
source: BIS report

It is therefore unrealistic after the coming fall of the US dollar to speak about a single world currency, or even another reserve currency issued by a single nation like today perpetuating the triffin dilemma.
They don't want to hold each others shitcoins and for very good reasons.
What you will probably see instead in the not so distant future are neutral bridge assets between the nations CBDCs.

[Anonymous No.50662082]

>>50661936
You're missing the fact that all the problems of the euro appart from inflation won't exist if euro was the only currency there is.
Beside the fact that the euro is indeed "working", badly but it works as well and as bad as any local currency would

[Anonymous No.50662123]

>>50659985
Its called Bitcoin

[Anonymous No.50662222]

>>50659985
The Gold Standard.

[Anonymous No.50662228]

>>50660639
Differs per country.

[Anonymous No.50662236]

>>50662123
>>50662222
if it's going to be global it has to be decentralized, gold/BTC

[Anonymous No.50662308]

>>50661898
he may well be, but he's not wrong.

[Anonymous No.50662385]

>>50660080
lol

[Anonymous No.50662405]

>>50659985
>Would the world benefit from a single world currency?
Anyone who says yes is a brainlet and/or authoritarian. Everyone agreeing to a single world currency means everyone also gives up the idea of central banking or, to put in even more simpler terms, they would have to give up lying.

[Anonymous No.50662410]

>>50660080
why do you retards always revert to your fucking desert book when talking about social phenomena, it's like you're completely incapable of having an original thought

[Anonymous No.50662422]

>>50661877
>Anyway OP, historically there was just one currency and it was gold and silver, worked pretty well.
it worked like shit and was constantly cheated or abandoned because there is no magical property of a metal that encourages fiscal responsibility

[Anonymous No.50662429]

>>50662410
Hes being facetious and essentially making my point here >>50662405

[Anonymous No.50662505]

>>50659985
no

[Anonymous No.50663482]

>>50661381
okay MR gigakike schwab

[Anonymous No.50663501]

>>50659985
>Japan
>Yuan

[Anonymous No.50664705]

>>50660028
>due to expensive exports and the inability to print money to finance themselves.
Can't they just price everything cheaper in the same currency?

[Anonymous No.50664719]

>>50660080
Based

[Anonymous No.50664989]

>>50660080
This, diversity is weakness and only leads to strife and discord, we must stamp out diversity and enforce unity to bring peace.

[Anonymous No.50665033]

>>50659985
Nigger we as a species can’t even get ONE country to run right for long, what the hell makes you possibly think we could make the entire planet any different?

[Anonymous No.50665048]

>>50659985
Yes.
Only if it's something the government cannot fuck with and inflate, like gold or crypto.

[Anonymous No.50665069]

>>50661848
The gold standard DID fucking work.
The government destroyed it for their own selfish reasons.

[Anonymous No.50665122]

>>50659985
Dollar is literally derived from thalar