Week 5 Discussion Foreign Exchange 3

Week 5 Discussion Foreign Exchange 3 - trust the U.S. to...

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According to the article below having different currencies allows people to choose opposing currencies if they do not like their government’s monetary policies. Having one currency takes away the ability to choose or debate alternatives. Also, no currency is above being debased. According to the Washington Times, China is for one world currency because they no longer
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Unformatted text preview: trust the U.S. to keep from printing too much cash. However, the general consensus remains with the idea that competition with currency is healthy. Sources: http://www.debtfreeadventure.com/2009/07/one-world-currency-new-world-order/ http://www.washingtontimes.com/news/2009/apr/08/burning-one-world-currency/...
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This note was uploaded on 03/26/2012 for the course ECON GM545 taught by Professor Gotches during the Summer '11 term at Keller Graduate School of Management.

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