The last member of the "Single Global Currency world -
2024? Author Morrison Bonpasse provides insight into
governing structure of the Global Monetary Union - Global Central Bank.
The governing structure of the GCB should be relatively easy to design,
given the available, successful models of the U.S. Federal Reserve
European Central Bank, International Monetary Fund, World Bank
United Nations. The author cites duties and operations of the GCB. The
The author thinks about what the name of the SGC should be. The article further
talk about issues such as the role of gold, inflation, prices, interest
rates and credit availability, war and peace within the monetary union,
etc., in the context of the SGC. The last part, the effects of
financial markets due to the adoption of a global currency
clarified. There is an item box "A unified system managed currency:
Reversal of time "by Jayshree Bose.
Wednesday, May 25, 2011
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