Unity in Diversity
Posted by The Lonely Trader on July 14, 2009
This is what they want us to believe, anyway. I couldn’t believe my eyes, but there it was:
http://www.futureworldcurrency.com/
I just don’t buy the rhetoric. Some state actor will find a way to hijack this “project”. The international system is too anarchic to accept a “United Future World Currency”, globalization or no globalization. If a single currency regime is implemented, then it may work for awhile. It’s fate, however, will be decided by a nasty game of Prisoner’s Dilemma played out on an international stage, with war a very likely possibility.
The US has proven that unity in diversity is possible — but this is a very messy process. Far from perfect. Imagine other countries in the world signing on, with social majorities that are far less tolerant of the “other” than is generally the case in the US and more prone to what would otherwise be considered hate crimes here. Russia, China, India and many European countries come to mind. Not to mention just about every country south of the equator.
Scary movie!
Tao said
I dont have trading background. found this is an interesting topic.
In the Internet world, the IPv4 is world accepted protocal among inter-connected carriers. The IP address is unique and routable among all these big border carriers. Each edge router hosts a big routing table with millions of address blocks — routing tables are centrally distributed and automatically propagated.
Can the governments implement same standards for their their bonds, treasury bills, and interest rate, can they? no
The world future currency has to be directly based on some kind of hard asset, like commodities, not financial product.
we are heading to a big trouble, but with test and errors, human beings will find the world currency solution 100 years later.
The Lonely Trader said
Tao, lest we forget, the floating regime was introduced because of the crisis brought on by basing everything on the gold standard. I am hard pressed to think that any other hard asset would do better. Internet protocols and currencies are a totally different animals. In structure and in utility. One could torture logic and arrive at some comparison, but in reality — in practice — there is no analogy to be derived.
What you are saying about people finding a world currency solution in 100 years smells a bit like you are predicting a global planned economy. The point is there really should be no standard for bonds, treasury bills, and interest rates — every country, every economy, is different. Every culture is different. Are you saying that in 100 years we will have achieved some kind of macro-homogeneity? That would be very depressing to me.
I do agree with you on one point — we are heading in the direction of big trouble.
Alan said
The idea Single World Currency is something that makes my blood boil.
In the UK I joined the campaign to stop Britain joining the Euro because of the damage it would have done to what remained of the UK manufacturing industry. I corresponded with John Major the Prime Minister at the time, and he used my material in a speech to the Confederation of British Industry, I attended several political functions with politicians and power brokers at that time. I politely approached pro Euro members and MPs in the street with questions and got man handled away by their heavies, sorry, assistants.
I gave speeches in pubs, and workplaces, I felt so passionately against Britain joining the Euro. Part of my passion was fueled because Tony Blairs Labour Party wanted to join the Euro, and I most certainly didnt want him as the Prime Minister of Britain.
Another large part of what fueled my passion against the Euro was due to the policies of this group http://en.wikipedia.org/wiki/Bilderberg_Group
Now, I must state that I am not some conspiracy theorist nutjob, but the objective of this group to have a One World Government is purely because who ever controls the Money, controls the Region, Country or World.
I did not want Brussels controlling taxation and interest rates in Britain, just as I dont want some secretive group of Gnomes to have complete and total control of the world, it is just not right, and any attempt to make it happen will I believe , result in constant small wars in various and numerous parts of the world, it will result in multiple militias springing up everywhere, terrorist attacks, civil unrest, severe financial market stress…and oh my goodness I just realised that we have all that right now, so just imagine how much worse it will get!!
Bottom line for me is that a single world currency, a New world Order etc is just a way for the great powers to increase their control of the world to keep the money flowing their way, and they will do whatever they have to do to make this happen, with complete disregard for peoples lives.
Just say NO!
Speculator Ed said
Personally, I think there will be less wars once the new world order is established. My vote is for Obama to be the supreme leader. It was like United China in the movie Hero, or United States of America, or United European Union, or United Soviet Union, or United States of Africa. As human civilization, we must unite earth, or how else can we deal with issues of the Earth, especially when the aliens come. I hope humans can create such a new world order with as little conflict as possible.
As for the currency, there will be less wasteful exchanges, and less types of currencies to deal with counterfeits. A price index in the sorts of cost of living, or basket of essential food can still be governed by trading the foreign exchange of price index. Whatever they do, please don’t make lame heavy coins. I want cellphone or electronic card, but probably some poor countries still need paper money.
The Lonely Trader said
Spec if I’m elected to lead, I’ll appoint you to the Ministry of Useless Affairs. So vote for me! You’ll have a huge portfolio!
Mr. Roach said
It’s not just diversity, it’s a question of interests. Different interests lead to conflict. Right now we have the world reserve currency; this gives us power and leverage. We should not give this away, though we may have to if we don’t get a handle on spending and inflation. Obama won’t help in this regard, as he could care less about America remaining powerful. He wants to “change history” and help “his people,” i.e., blacks. Weakening America is part of his plan.
The Lonely Trader said
Mr. Roach, with the exception of the first two sentences, I think you’re full of shit. And I’m qualified to say so.
—————
Edit: With the exception of the first *four* sentences. The rest remains: A stinking pile of paranoid poop.
Speculator Ed said
http://www.whynot.net/ideas/3381
http://lightofmankind.com/United%20Countries%20of%20Earth.html
The Lonely Trader said
I’ll vote for UCE when the aliens come and start harvesting humans. I’m not counting that possibility out. Nor am I necessarily unhappy at the prospect…
Um…what was the question?
Speculator Ed said
Currently, Obama is the only one I’ll vote for, for he displayed character which I can trust. My second choice is Jay Leno.
If we wait for the aliens to establish UCE, it will be too late. Plus, if we don’t tackle Earth issues now, we might kill ourselves through creating the machines, through altering weather gone wrong, through drilling earth gone wrong, through nuclear winter, through biological viral weapon, etc… With UCE, we have a chance in tackling such issues such as creating the independent human preservation space station projects.
Alan said
Gosh, I thought you only allowed intelligent posters here apart from yours truly….
Speculator Ed said
Are you implying you’re more intelligent than me Alan? I would like someone 50 years from now to judge. United worked before, and shall work again on a higher scale.
Alan said
Ed, maybe you should relax a bit and realise my tounge in cheek attitude when it is used…must another yank with no sense of humour….
You have made your point, if you really believe it is an acceptable and practical and valid point then it should stand up on its own merits and you should not need to defend aggresively….
The Lonely Trader said
Alan, he’s kidding…just a dry sense of humor is all.
Speculator Ed said
Sorry I typically go by the rule of an eye for an eye until the world goes blind.
But ya I’ve made my point and you’ve made yours. I’ll leave it at that. :)
Alan said
Thats the problem with text chat – language skills, word play etc etc get lost – probably explains Gen Y’s dumbed down language skils…
Cheers Ed, keep up the good speculating M8 (;-)