Are we moving to a one world currency? - GoFuckYourself.com

mayabong · 05-13-2010, 11:13 PM

Thoughts?

This is no accident of course.

Coup · 05-13-2010, 11:14 PM

god I hope so.

Barefootsies · 05-13-2010, 11:21 PM

I am sure the Zionists are on the case.

Coup · 05-13-2010, 11:30 PM

Im a zionist IRL

mayabong · 05-13-2010, 11:41 PM

Quote:

Originally Posted by Barefootsies

I am sure the Zionists are on the case.

No comment.

Coup · 05-14-2010, 12:22 AM

http://www.youtubedoubler.com/?video.../v/aY7Nji-zzhg

andrej_NDC · 05-14-2010, 12:40 AM

I won't even watch the video. If you think the world can have one currency, you have no clue how the economy works. That goes for all others claiming such non-sense.

LoveSandra · 05-14-2010, 01:45 AM

Quote:

Originally Posted by Coup

Im a zionist IRL

onwebcam · 05-14-2010, 01:58 AM

No, it's conspiracy theory

IMF: a new global currency issued by a global central bank
Finally, in principle, a new global currency issued by a global central bank, with robust governance and institutional features, could provide a nominal anchor and risk-free asset for the system independent of national currencies. This global central bank could also serve as a lender of last resort. But any such step requires considerably more debate on its merits, including on the need for a safety valve for the system given errors that might inevitably occur, as well as of its feasibility, given the very substantial multilateral effort required. I fear we are still very far from that level of global collaboration.

http://www.imf.org/external/np/speeches/2010/051110.htm

theking · 05-14-2010, 02:13 AM

No...we are not.

Adraco · 05-14-2010, 05:17 AM

Quote:

Originally Posted by andrej_NDC

I won't even watch the video. If you think the world can have one currency, you have no clue how the economy works. That goes for all others claiming such non-sense.

Good answer! There are too many nations being too proud to gve up their own currency, and most importantly - there are many countries that have mch to gain from having their own currency. What might happen though is that many more international deal might be priced in a different currency than it is today. Of all the business contracts I see and deal with, there are a few in Euros, especially between two companies based in Euro-member-countries. But the absolute vast majority, clearly above 70% of all deal I oversee, negotiate or handle are in US Dollars.

Due to the instability of the dollar lately, more and more clients need to insure their dollar trades, so that they are certain that they will earn from this or that contract. Those currency insurances can be very expensive, eating heavily into their margins, and lately clients have been walking away from deals because the level of uncertainty of the whole deal is so hard to estimate or calculate, or maybe even that they make a guaranteed loss due to heavy currency insurance fees.

Lately I have done deal in both Hong Kong dollars as well as Australian and Canadian dollars with clients who previously did them in USD. That is what might change more and more, a true international currency for all nations? Not likely to happen in my life time, too many have too much to loose from that.

ottopottomouse · 05-14-2010, 05:20 AM

Can't see a one world currency happening. No one country/culture ever ends up totally controlling the whole world before another takes over as the biggest.

Jman · 05-14-2010, 05:44 AM

Like China and Russia would join in... Yeah Right!!!!

BlackCrayon · 05-14-2010, 05:46 AM

why do certain people feel the need to fill the board with kind of crap?

sperbonzo · 05-14-2010, 06:09 AM

One currency? Hell, I don't see the Euro lasting more than 10 more years, max.

It just won't work. In order for a country to keep problems with their economy in check, they need to be able to devalue their currency in order to make their exports cheaper. Look at what is happening to Greece and Portugal. I personally predict that Germany will pull out of the EMU within 6 years.

.

.

slapass · 05-14-2010, 06:12 AM

It would make so much more sense for the average person and take so much power away from the banks and govt that it will never happen.

Wizzo · 05-14-2010, 06:19 AM

Not in our lifetime...

roly · 05-14-2010, 06:22 AM

Quote:

Originally Posted by sperbonzo

One currency? Hell, I don't see the Euro lasting more than 10 more years, max.

It just won't work. In order for a country to keep problems with their economy in check, they need to be able to devalue their currency in order to make their exports cheaper. Look at what is happening to Greece and Portugal. I personally predict that Germany will pull out of the EMU within 6 years.

.

.

yeah this is the biggest problem with a one size fits all approach, countries like greece haven't got any control over things like interest rates to manage their own ecconomy.

maxjohan · 05-14-2010, 06:29 AM

"Russian President Dmitry Medvedev pulls new world currency from his pocket"

[IMG]

[/IMG]

Quote:

Originally Posted by BlackCrayon

why do certain people feel the need to fill the board with kind of crap?

maxjohan · 05-14-2010, 06:31 AM

Here is the link
http://www.telegraph.co.uk/finance/c...is-pocket.html

But I doubt it will ever happen...because...

notime · 05-14-2010, 06:56 AM

ATM where you can withdraw in gold:

Adraco · 05-14-2010, 07:15 AM

Quote:

Originally Posted by sperbonzo

One currency? Hell, I don't see the Euro lasting more than 10 more years, max.

It just won't work. In order for a country to keep problems with their economy in check, they need to be able to devalue their currency in order to make their exports cheaper. Look at what is happening to Greece and Portugal. I personally predict that Germany will pull out of the EMU within 6 years.

A devaluation is only a trick. By devaluing your own currency, you are basically just shoving the shit elsewhere, onto another country or region. Many countries in Europe have a long and dreaded history of devaluing their own currency, riding the inflation wave a few years and then devalue again.

This was a large reason to create the Euro in the first place, to avoid unfair competition among the Euro countries. Productivity within the EU zone is very different, from highly specialized and developed Germany and Sweden for example, to low productivity and miserable Spain, Portugal and Greece. The, usually southern, EU countries lagging behind will need to increase productivity, quality of work and try to keep up with their much richer brothers in the north. What has happened has been that they have tried to maintain the same lifestyle and spending level in those low productivity countries as the richer, more productive northern countries, which also have a lot lower level of corruption.

The Euro is a good idea, of bringing a continent, with a history full of wars, closer together. Instead of fighting Europe now trades. But people, like the Greece, don't like to hear that they are slow, under-educated and low performing, they feel that since "they are equal Europeans" they also have the right to a certain standard of life, which they, in all honesty, can not afford. We will see many more of these fights over money and economics, but in the end the Euro will stay and the non-conforming countries will need to step it up, do the reforms and start keeping a budget diciplin.

Too much is at stake, Europe has closed the gap and come toghether before and will do so again. This is a major bump in the road, sure, the car jumped high, but it's still on the road, continuing it's way forward.

The Demon · 05-14-2010, 07:21 AM

Quote:

Originally Posted by andrej_NDC

I won't even watch the video. If you think the world can have one currency, you have no clue how the economy works. That goes for all others claiming such non-sense.

These people don't understand economics, just conspiracy bullshit. Somebody pass the marijuana.

The Duck · 05-14-2010, 07:34 AM

Chosen · 05-14-2010, 07:56 AM

Not yet for sure...

kowalsky · 05-14-2010, 08:00 AM

I hope we don´t! The smallest countries would lose so much control of their economies...

Mr. Romance · 05-14-2010, 08:01 AM

No. To much money is made buying and selling currencies by all banks around the world

Mr. Romance

seeandsee · 05-14-2010, 08:02 AM

that is the plan

SuzzyQ · 05-14-2010, 08:56 AM

Quote:

Originally Posted by BlackCrayon

why do certain people feel the need to fill the board with kind of crap?

My thoughts exactly.

spazlabz · 05-14-2010, 09:04 AM

+1 in the 'No' column

sperbonzo · 05-14-2010, 10:37 AM

Quote:

Originally Posted by Adraco

The Euro is a good idea, of bringing a continent, with a history full of wars, closer together. Instead of fighting Europe now trades.

You don't need a common currency to trade, and devaluation is not just a trick, it is a function of the world currency exchange. The fact is that in an open world market, countries whose economies are not productive will have their currencies devalued whether they want them to or not. The only way there is a "trick" is when a country decides to "peg" their currency trading to another countries currency to artificially support their own economy.

In the case of the EMU, that is exactly what all of these diverse markets have done. In effect, they have all "pegged" their currencies to each other, and I think that in the end, it will fall apart.

.

mayabong · 05-14-2010, 10:39 AM

Quote:

Originally Posted by onwebcam

No, it's conspiracy theory

IMF: a new global currency issued by a global central bank
Finally, in principle, a new global currency issued by a global central bank, with robust governance and institutional features, could provide a nominal anchor and risk-free asset for the system independent of national currencies. This global central bank could also serve as a lender of last resort. But any such step requires considerably more debate on its merits, including on the need for a safety valve for the system given errors that might inevitably occur, as well as of its feasibility, given the very substantial multilateral effort required. I fear we are still very far from that level of global collaboration.

http://www.imf.org/external/np/speeches/2010/051110.htm

Wow nice

mayabong · 05-14-2010, 10:42 AM

Quote:

Originally Posted by The Demon

These people don't understand economics, just conspiracy bullshit. Somebody pass the marijuana.

Hi demon where you been my jewish friend, I actually was missing our pointless conversations.

I also think if you would have told a european 100 years ago that there would be one european currency, they would react the same....

I'm not saying it will happen, but I will say that I think that is the plan. Its far from a "conspiracy theory" as you people like to say.

mayabong · 05-14-2010, 10:46 AM

Quote:

Originally Posted by andrej_NDC

I won't even watch the video. If you think the world can have one currency, you have no clue how the economy works. That goes for all others claiming such non-sense.

I don't know exactly how economies work, but I know that Fiat money is a sham and is doomed to fail.

I do know that the fed is not a part of the us government and is not regulated by congress.

I do know that the american taxpayer is also bailing out greece through the IMF, (well not greece but the banks that loaned greece the money)

mayabong · 05-14-2010, 10:47 AM

Quote:

Originally Posted by The Duck

Best reply so far to this post.

mayabong · 05-14-2010, 10:51 AM

Quote:

Originally Posted by maxjohan

Here is the link
http://www.telegraph.co.uk/finance/c...is-pocket.html

But I doubt it will ever happen...because...

wow interesting

_Richard_ · 05-14-2010, 11:32 AM

Quote:

Originally Posted by maxjohan

Here is the link
http://www.telegraph.co.uk/finance/c...is-pocket.html

But I doubt it will ever happen...because...

that's interesting.. i have heard a few references of them looking into the reserve currency

DiF0r · 05-15-2010, 12:16 AM

Would be cool but I doubt it will happen

05-13-2010, 11:13 PM	#1
mayabong Confirmed User Join Date: Jan 2010 Posts: 1,952	Are we moving to a one world currency? Thoughts? This is no accident of course. __________________ Bitcoin Gambling Sites

05-13-2010, 11:21 PM	#3
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	I am sure the Zionists are on the case. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

05-14-2010, 01:58 AM	#9
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,664	No, it's conspiracy theory IMF: a new global currency issued by a global central bank Finally, in principle, a new global currency issued by a global central bank, with robust governance and institutional features, could provide a nominal anchor and risk-free asset for the system independent of national currencies. This global central bank could also serve as a lender of last resort. But any such step requires considerably more debate on its merits, including on the need for a safety valve for the system given errors that might inevitably occur, as well as of its feasibility, given the very substantial multilateral effort required. I fear we are still very far from that level of global collaboration. http://www.imf.org/external/np/speeches/2010/051110.htm __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete. Last edited by onwebcam; 05-14-2010 at 02:03 AM..

05-14-2010, 02:13 AM	#10
theking Nice Kitty Industry Role: Join Date: Sep 2002 Location: The good old USA!!! Posts: 21,053	No...we are not. __________________ When you're running down my country hoss...you're walking on the fighting side of me! FOR THE LYING LOWLIFE POSTING AS PATHFINDER...https://gfy.com/fucking-around-and-pr...athfinder.html

05-14-2010, 05:20 AM	#12
ottopottomouse She is ugly, bad luck. Industry Role: Join Date: Jan 2010 Posts: 13,177	Can't see a one world currency happening. No one country/culture ever ends up totally controlling the whole world before another takes over as the biggest. __________________ ↑ see post ↑ 13101

05-13-2010, 11:14 PM	#2
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931	god I hope so.

05-13-2010, 11:30 PM	#4
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931	Im a zionist IRL

05-14-2010, 12:22 AM	#6
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931	http://www.youtubedoubler.com/?video.../v/aY7Nji-zzhg

05-14-2010, 12:40 AM	#7
andrej_NDC Registered User Industry Role: Join Date: May 2004 Posts: 7,760	I won't even watch the video. If you think the world can have one currency, you have no clue how the economy works. That goes for all others claiming such non-sense.

05-14-2010, 05:44 AM	#13
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,748	Like China and Russia would join in... Yeah Right!!!! __________________ email: [email protected] Best AI Affiliate Program We also do WL at $0.00 upfront costs Teams: jean.francois.laverdiere TG: @jman1216

05-14-2010, 05:46 AM	#14
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05-14-2010, 06:09 AM	#15
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	One currency? Hell, I don't see the Euro lasting more than 10 more years, max. It just won't work. In order for a country to keep problems with their economy in check, they need to be able to devalue their currency in order to make their exports cheaper. Look at what is happening to Greece and Portugal. I personally predict that Germany will pull out of the EMU within 6 years. . . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

05-14-2010, 06:12 AM	#16
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	It would make so much more sense for the average person and take so much power away from the banks and govt that it will never happen.

05-14-2010, 06:19 AM	#17
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	Not in our lifetime... __________________ Looking for Opportunity!

05-14-2010, 06:31 AM	#20
maxjohan Confirmed User Join Date: Dec 2002 Location: Sweden Posts: 7,219	Here is the link http://www.telegraph.co.uk/finance/c...is-pocket.html But I doubt it will ever happen...because... __________________ I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls... Last edited by maxjohan; 05-14-2010 at 06:34 AM..

05-14-2010, 06:56 AM	#21
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,021	ATM where you can withdraw in gold:

05-14-2010, 07:34 AM	#24
The Duck Adult Content Provider Industry Role: Join Date: May 2005 Location: Europe Posts: 18,243	__________________ Skype Horusmaia ICQ 41555245 Email [email protected]

05-14-2010, 07:56 AM	#25
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	Not yet for sure...

05-14-2010, 08:00 AM	#26
kowalsky Confirmed User Join Date: Oct 2003 Posts: 2,494	I hope we don´t! The smallest countries would lose so much control of their economies... __________________ Jimmy Kowalsky www.catchycash.com [email protected] ICQ - 7319094

05-14-2010, 08:01 AM	#27
Mr. Romance The Face of Romance and the Symbol of Freedom Join Date: Mar 2005 Location: The America's Posts: 7,821	No. To much money is made buying and selling currencies by all banks around the world Mr. Romance __________________ Free Leads Program now paying up to $6 Gerard-Director of Global Sales Sign up Here: CamStarCash Check out: FreeCamStars ICQ: 330 662 299 gerard at freecamstars . com

05-14-2010, 08:02 AM	#28
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05-14-2010, 09:04 AM	#30
spazlabz Confirmed User Industry Role: Join Date: Jul 2003 Location: Kentucky Posts: 6,548	+1 in the 'No' column

05-15-2010, 12:16 AM	#38
DiF0r Confirmed User Join Date: Apr 2007 Location: Europe Posts: 1,516	Would be cool but I doubt it will happen __________________ Hardcore Porn - submit your freesites MovieRoom - over 30 categories and SMART banners AmateurMatch - WebCamClub - DateMatch - AsianAmateurMatch GayAmateurMatch - LesbianAmateurMatch - EbonyAmateurMatch - BeeMatch - Romancer