A buddy of mine and I were talking about our favorite conspiracy theories. Of course, the “one world government” deal is the biggest and bestest of them all.
But it led to an economics questions neither of us are skilled enough to answer: Would a single currency worldwide be good or bad? Just imagine a worldwide EURO. How would that work. OR, does the vary disparity of currency values due to all the different financial systems act like a shock absorber for the extremes in the global econmy as we have seen in the last 24 months?
PLEASE comment if you are a economics dweeb. Great posts (for or against) will be featured on the blog proper….