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CFR Foreign Affairs - The End of National Currency
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03-12-2008, 09:35 PM
Post: #1
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CFR Foreign Affairs - The End of National Currency
<span style="color:#33CC00"><div align='center'>CFR Foreign Affairs - The End of National Currency</div>
Summary: Global financial instability has sparked a surge in "monetary nationalism" -- the idea that countries must make and control their own currencies. But globalization and monetary nationalism are a dangerous combination, a cause of financial crises and geopolitical tension. The world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn.... continued here..... http://www.foreignaffairs.org/20070501faes...l-currency.html |
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