SINGLE GLOBAL CURRENCY Let’s Plan Now to Save $Trillions for the World SINGLE GLOBAL CURRENCY ELIMINATE……...and SAVE, ANNUALLY FX transactions. (100 Billion-plus) Hedging costs. (Billions) National currency crises (Billions)
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Let’s Plan Now to Save
$Trillions for the World
ELIMINATE……...and SAVE, ANNUALLY
FOREIGN EXCHANGE TRANSACTION COSTS
TRADING = $1.8 TRILLION DAILY (200 days/yr)
= $5.4 BILLION DAILY COST
= $1,080 BILLION ANNUALLY
= $1.8 BILLION DAILY COST
= $360 BILLION ANNUALLY
EXISTING GLOBAL STANDARDS
WEIGHT, VOL, LENGTH, TEMP)
ORGANIZATIONS AND GLOBAL PROGRESS
A FUNDAMENTAL HUMAN RIGHT?
(1) Everyone has the right to own property
(2) No one arbitrarily deprived of property.
worldwide acceptance of a FUNDAMENTAL
HUMAN RIGHT to a stable currency.
IMPLEMENTATION ROUTES TO THE SGC
THE WORLD MONETARY UNIONS (MU)
WITH A SINGLE GLOBAL CURRENCY.
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