Global currency

Trade and travel is the easier with a single, global currency that all people are using this thing. On the other hand I believe that it would a single currency cause a problem today.

The benefits of a single currency can be seen with the use in Uited states of America the US dollares. Whenever you are travelling between countries using the dollares, the problems of currency changing and exchange rates are history. Similarly business between countries using the dollares is so much easier, no more worrying about exchange rate risk and pricing. Everyone‛s money is the same. The same thing is true with the Europe of the Euro. Most countries do not use the Euro but it is accepted in many places. There are many countries that you can travel to and just take Europe of the euro to use.

on the other hand, the currency is depand in the economics of the countery. US currency is btween 3.6 and the euro is 5.6 if we transfer it to dhr UAE currency, so the dollares we used in many country because the econmey is higher in United States of America the US.

In conclusion I see a global currency as a future ideal but it will not happen in my lifetime. It would make trade and travel much easier but the problems it would cause nowadays would be insurmountable.