Fwd: Towards a World Currency ?
---------- Forwarded message ---------- From: Dante-Gabryell Monson <[email protected]> Date: Sun, Oct 30, 2011 at 12:14 AM Subject: Towards a World Currency ? To: [email protected] http://www.columbia.edu/~ram15/cema2000.html is this what is currently happening ? http://www.columbia.edu/~ram15/cema2000.html#worldcurrency Towards a World Currency excerpt : The political limitations of that solution, however, would make it difficult if not impossible to negotiate. It would greatly increase the power of the United States and leave the world at the mercy of potentially aggressive unilateralism. "The temptation to exploit its monopolistic position and raise the inflation rate to maximize off-shore seigniorage would be too tempting." // * * *Robert Mundell* *C. Lowell Harriss Professor of Economics* , *Columbia University* Currency Areas, Exchange Rate Systems and International Monetary Reform http://en.wikipedia.org/wiki/Robert_Mundell * * -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens
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Michel Bauwens