A One World Currency - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › A One World Currency (445 Views)
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| A One World Currency by lawani(op): 10:48am On Jun 28, 2018 |
A one world currency will go a long way in healing our world. There will no longer be instances of any nation unilaterally devaluing her currency to the detriment of her peoples as Nigeria did recently. President Buhari has publicly stated his opposition to an ECOWAS currency saying Nigeria should tread with caution. He said this because with an ECOWAS currency there will no longer be an avenue for monkeying around with the NAira as his administration has done recently . The whole world should have one currency and not only currency for west Africa or Europe. reference http://punchng.com/buhari-warns-ecowas-against-hasty-single-currency-implementation/ |
| Re: A One World Currency by PFRB: 11:40am On Jun 28, 2018 |
I think there should be equal exchange rates. The national currencies can remain for national pride but there should be unitary exchnage rates. That is 1 dollar should equal 1 Cedi. |
| Re: A One World Currency by lawani(op): 11:46am On Jun 28, 2018 |
PFRB:I used to think like that but what is the point once it is agreed that individual nations can not inflate their currencies, there is no point in having different names for thesame currency |
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