<br><br><div class="gmail_quote">---------- Forwarded message ----------<br>From: <b class="gmail_sendername">Dante-Gabryell Monson</b> <span dir="ltr"><<a href="mailto:dante.monson@gmail.com">dante.monson@gmail.com</a>></span><br>
Date: Sun, Oct 30, 2011 at 12:14 AM<br>Subject: Towards a World Currency ?<br>To: <a href="mailto:econowmix@googlegroups.com">econowmix@googlegroups.com</a><br><br><br><div><span style="font-family: arial,verdana,helvetica; font-weight: bold; background-color: rgb(255, 255, 255);"><a href="http://www.columbia.edu/%7Eram15/cema2000.html" target="_blank">http://www.columbia.edu/~ram15/cema2000.html</a></span></div>
<div><br></div><div>is this what is currently happening ?</div><div><br></div><div><a href="http://www.columbia.edu/%7Eram15/cema2000.html#worldcurrency" target="_blank">http://www.columbia.edu/~ram15/cema2000.html#worldcurrency</a></div>
<div>
<span style="font-family: arial,verdana,helvetica; font-weight: bold; background-color: rgb(255, 255, 255);"><br></span></div><div><span style="font-family: arial,verdana,helvetica; font-weight: bold; background-color: rgb(255, 255, 255);">Towards a World Currency</span></div>
<div><br></div>excerpt :<div><br><div><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);">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.�</span></div>
<div><span style="font-family: arial,verdana,helvetica; font-size: 16px; background-color: rgb(255, 255, 255);"><br></span></div><div><span style="font-family: arial,verdana,helvetica; font-size: 16px; background-color: rgb(255, 204, 0);">"The temptation to exploit its monopolistic position and raise the inflation rate to maximize off-shore seigniorage would be too tempting."</span></div>
</div><div><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);"><br></span></div><div><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);">//</span></div>
<div style="text-align: left;"><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);"><font size="1"><br></font></span></div><div><font face="arial, verdana, helvetica" size="1"><b><br>
</b></font></div><div><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255); font-size: x-small;"><b>Robert Mundell</b>�</span><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);"></span><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255); font-size: x-small;"><b>C. Lowell Harriss Professor of Economics</b>�</span><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);">,�</span><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);"><span style="font-size: x-small;"><b>Columbia University</b></span></span></div>
<div><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255); font-size: x-small;">Currency Areas, Exchange Rate Systems and International Monetary Reform</span></div>
<div><span style="font-family: arial,verdana,helvetica; background-color: rgb(255, 255, 255);"><a href="http://en.wikipedia.org/wiki/Robert_Mundell" target="_blank">http://en.wikipedia.org/wiki/Robert_Mundell</a></span></div>
<div><br></div><div><br></div><div><font face="arial, verdana, helvetica" size="1"><b><br></b></font></div>
</div><br><br clear="all"><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a>� - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br>
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