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A single global currency
Of course, no one can predict if or when a worldwide currency consolidation will happen. Presently, we are seeing gathering strength in currency zones such as the dollar, euro and yen. There certainly is consolidation going on because it makes international trade a lot more efficient and seamless.
Since Europe enacted the euro as its common currency, there has been increased discussion about whether or not the world would benefit from a single global currency. At this point, the proponents seem to have a substantial edge; but like anything else, there are proponents and there are detractors.
The Book: The Single Global Currency
I just got through reading this interesting book by Morrison Bonpasse, who is the president of the Single Global Currency Association. It was an eye-opener.
