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Sebastian Helenius

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A Single World Currency and a World Central Bank - For or Against?

The debate is in the headline. Any opinions?

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  • Aug 19 2012: Sebastian, by "headline" are you referring to the stories about the Euro and its struggles?

    The Euro is teaching us that a stable currency requires ALL of the countries involved to exercise fiscal discipline.

    That prospect is not realistic in the foreseeable future, if ever.
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      Aug 20 2012: Yes discipline is most certainly required.

      The Euro is failing, in my opinion, because it is run these days by, well, Germany mostly. There is very little cohesion.

      I enjoy the vision of two forms of currency - one for the domestic market, managed by the Nation, and one for the global market, managed by the World Central Bank. Micro, Meso, Macro.

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