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 Replies: 28 / Views: 2,172 |
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Pillar of the Community
United States
6326 Posts |
WOW !.......what a question !......Is that a possibility ? Is the Euro switch preperation for a someday switch to a "One World Currency"...... Could you imagine this ?.....that we wouldn't have George Washington or Lincoln on our money......and it would be a "world depiction" or something ? I've heard this talk before.....and usually ignored it.....but when a reporter asked President Obama the other day on his European trip, if any plans were being laid to switch over to this.....I was just kind of stunned and thought some more about it. The Billionaire George Soros has made some comments relating to this recently as well......as if this was an "inevitable" evolvement and necessary change for our Country and the World. How would this be accepted by the U.S. population ? Or by CCF members ?.....  Those of us who like "Ultra Modern U.S. Coinage"..... Just curious on everybody's thoughts, if it was proposed and announced as a "switchover" in let's say.....9 years from now or whenever.I just can't imagine THE ENTIRE WORLD using one common currency. |
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Valued Member
United States
146 Posts |
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Pillar of the Community
United Kingdom
1682 Posts |
Hi,
I don't think it would be accepted well. I am American living in the UK and I am happy that the UK does not use the euro. Bad enough that Britian is part of the EU.
I think that adopting a common currency is part of a country losing its national identity.
I have heard a bit about China and Russia adopting a common currency.
So I think a common currency is a very bad and dangerous idea.
Ken
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Pillar of the Community
United States
1429 Posts |
If the Euro does not make sense in Europe. One currency does not make sense for the world. Seems to me that Obama's self promoting PR machine is working overtime.
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Pillar of the Community
United States
1429 Posts |
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Pillar of the Community
 United States
6326 Posts |
For the record and refraining from personal politics with this thread.....Obama's answer to the reporter was " No".... I'm not an Obama fan, but that wasn't/isn't the point here with this thread..... Edited by eaglefoot
04/08/2009 4:45 pm
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Pillar of the Community
United States
1116 Posts |
this is totally unacceptable the u.s. would be one step closer to becoming part of a one world government that would soon follow in my opinion.
though sadly I believe this is going to happen one day.
with the euro all of those countries are under one currency it is just a matter of time before they all are run by one leader technically becoming the united states of europe in my opinion again.
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New Member
United States
32 Posts |
I'm not trying to push religion on anyone but if you read the bible, that is one of the signs of the end of time. kinda scary if you ask me.
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Pillar of the Community
United States
1429 Posts |
Scott3270 - having lived in Europe I believe this is where America has a better shot at executing given 1) It is one people/language 2) Flexible job market 3) (still) not bound by a socialist mindset of a 30 hour week, 40 day vacation schedule. Above all, most who come here want to excell, perform and succeed. As long as we maintain this, Europe can invent any currency it desires yet we will lead as a nation with much stronger leadership of innovation, creativity and yes... prosperity. God bless.
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Pillar of the Community
United States
3294 Posts |
Absolute crazyness. I would rather we went without currency then go to a single world currency. Then my silver coins could be worth 2 piglets per ounce or something.
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Pillar of the Community
United States
1840 Posts |
From a strictly numismatic point of view, I think this concept would be pleasing to many modern collectors:
1) EU countries still choose what the obverse image on their coins are.
2) 8 circulating coins instead of 6.
3) The cent survives.
4) Finally a circulating one and two dollar coin.
5) The first circulating US bimetal coins.
Having said that, I think we will be a cashless society long before there is a need to accept a central currency. When this happens, the need for a central currency will diminish.
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Pillar of the Community
United States
1007 Posts |
Nah, it will never happen.
I can understand Western Europe merging their currencies into the Euro --- can you imagine if each individual state in the USA had their own currency?!---, but it won't work for the world. There are way too many factors prohibiting it.
It's interesting that some people shudder even that the question was asked. The scare tactics don't work for me. Remember, it was only a question asked by a reporter.
Ken
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Moderator
 United States
187446 Posts |
It is funny how history repeats. It was not that long ago (relatively speaking) when citizens of the American States argued against a National Currency; fearing that the States would lose their identity.  I feel that the coins and currency I know now will definitely change in my lifetime. I do not know whether it means electronic dollars or a world currency, but I know it will change. I have no problem with that. As a modern collector, I will see it the same way classic collectors do. What holes I may have left when the circulation supply runs dry will be found for sale. There will still be coin dealers and coin shows well beyond the time that the "end of money as we know it" changes the world forever! |
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Pillar of the Community
United States
1116 Posts |
eaglefoot can you elaborate more on what obama said I am very interested in his full answer
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Pillar of the Community
United States
6326 Posts |
I've provided the link where this press conference took place.....and he didn't seem to be amused or interested in elaborating on it further. It's also really the Billionaire George Soros who's had some very interesting "pro" comments on this though......and you can find these through an Internet search easily....some were as recently as three days ago. He is supposedly this "wizard" and his opinions and future outlooks seem to mean a lot to a lot of people. You know, the ol' " his words carry weight when he speaks" kind of thing. And he's saying how the Dollar will be worthless and such things.....(I think he made a Billion of those "Dollars" in one day though !) Again...I'm not a fan of George Soros either.....but as a powerful public figure.....it is what it is. But this isn't JUST him is the problem.....there are many sources and leaders and countries discussing this......Soros and Obama were just simply "asked" and they gave their opinions......these are only two people of the many out there .... Sorry....... correction.....he says " I don't believe there's a need" The press conference is here.....http://www.youtube.com/watch?v=48mSadrxnHgEdited by eaglefoot
04/10/2009 12:19 pm
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Pillar of the Community
United States
1429 Posts |
He is definitely a person of an extreme nature:
In an interview with The Washington Post on November 11, 2003, Soros said that removing President George W. Bush from office was the "central focus of my life" and "a matter of life and death." He said he would sacrifice his entire fortune to defeat President Bush, "if someone guaranteed it," and many continue to state this as Soros's position even after Soros clarified the statement in a Q&A session at the end of his March 3, 2004 address to California's Commonwealth Club.
Insider trading conviction
In 1988, he was asked to join a takeover attempt of the French bank Societe Generale. He declined to participate in the bid but did later buy a number of shares in the company. French authorities began an investigation in 1989, and in 2002 a French court ruled that it was insider trading, a felony conviction as defined under French securities laws and fined him $2.3 million, which was the amount that he made using the insider information.
Punitive damages were not sought because of the delay in bringing the case to trial. Soros denied any wrongdoing and said news of the takeover was public knowledge.
His insider trading conviction was upheld by the highest court in France on June 14, 2006. In December, 2006 he appealed to the European Court of Human Rights, claiming that the 14-year delay in bringing the case to trial precluded a fair hearing.
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Replies: 28 / Views: 2,172 |
Posted 04/08/2009 3:26 pm
