BrainPaw

  The idea of global currency has been put forward for years now. But what is global currency?  A world currency refers to a currency that is transacted internationally, with no set borders. While it is true more and more firms are becoming multinational and must deal with a number of monetary systems, it is not always feasible to develop one monetary system to do away with the exchange rate. On March 26, 2009 a UN panel of expert economists called for a new global currency reserve scheme to replace the current US dollar based system.  Other proposals have been put forth but the all have some difficulties.   The well-known economist, Keynes, advocated a global currency and argued that it wouldn’t suffer from inflation and many argue it would make conducting business more efficient.  However,  other economists argue that a single world currency is unnecessary because it would bring little benefit and increase costs. I am more inclined to agree with the latte...

                               “ My Hope ” March is coming ! It will be spring once again, a time for new life, new understanding.  It will be yet another opportunity to come together as people of planet Earth to explore our relationship with our planet and with one another. Yet, I am really confused about what is happening in our world. I am witnessing something that has me feeling sad, a little frustrated as a young person and sometimes even a little angry. I am seeing the death of humanity! I am questioning all that we are as human beings and I am desperately looking for signs that humanity still exists.  I am seeking evidence that there is hope for us as a species, as a people, as gift to the world. But as I look for such signs, I see signs of more hate, destruction and something I do not recognize, something I cannot yet name because I honestly do not understand how a species can allow its...