The Single Global Currency: Common Cents for the World (2009 Edition)

In a 3-G world with a single global currency managed by a global central bank within a global monetary union:

• Annual transaction costs of $400 billion will be eliminated;
• Worldwide asset values will increase by about $36 trillion;
• Worldwide GDP will increase by about $9 trillion;
• Global trade will increase;
• Global currency imbalances — Balance of Payments — will be eliminated;
• Currency crises will be prevented;
• Currency speculation will be eliminated;
• The need for foreign exchange reserves will be eliminated.

Such gains are realistic and attainable if the world decides to pursue them. The monetary unions of Europe, the Caribbean, Africa, and Brunei/Singapore have shown the way.

Buy and read this book, and then please buy two more and pass them on to others and encourage them to do the same. What the people of the world want is sounds, stable money and the end to the obsolete multicurrency foreign exchange system.

This is one of only two book in print about the Single Global Currency.