[P2P-F] Fwd: Towards a World Currency ?

Sun Oct 30 00:47:55 CEST 2011

---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson at gmail.com>
Date: Sun, Oct 30, 2011 at 12:14 AM
Subject: Towards a World Currency ?
To: econowmix at googlegroups.com

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

*
*

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