world financial system

What is actually provided by the advocates of a global currency
3-D world, as stated by Morrison Bonpasse, first president of
Single Global Currency Association. It consists of the global monetary union
Global Central Bank and a single global currency. This view is almost
is reflected in the observation by Paul Volcker, former governor of
U.S. Federal Reserve, who said: "The new mechanism is needed
world financial system .. in a globalized world, we should have
international currency. "It was again confirmed by the Bank of
International Settlements (BIS). With such eminent proponents advocates
single global currency, the concept has since centrestage.

The highlight of this book is Morrison Bonpasse is very comprehensive and
analytical article, "the single global currency: Origin, fees and
Costs. "Here, he analyzes the consequences and advantages of the single
global currency from all possible angles.