Tuesday, August 29, 2023

Continental Currency

 

Continental Currency

The land mass on the World is classified into continents. Every continent is an integration of many nations. All nations in all continents habited by humans involve in international trading.

All international trading was and is still predominantly done based on one country’s currency. Two of the most powerful currencies that were ruling the world trade for a long time were the US Dollar and the British Pound.

The introduction of using Euro was a smart move to integrate the European countries with one currency usage. This move is good for all the nations in Europe. This not only strengthens the Euro but also makes the Europe as a continent economically strong.

Nations in Asia, Nations in Africa and Nations in South America should plan and introduce their own trading currencies. These new continental currencies should be used for international trading between nations within that continent.

The usage of continental currency will strengthen that currency in the international trade and also make the nations in these continents integrate and emerge as one set of continental power. Especially nations in the African continent and nations in South America will see a new wave of economic power.

Asian continent the largest with many nations will start to realize their strong integrated purchasing power in the international trades. Someday in future this dream of adapting continental currencies will bring more healthy challenges in international economics.


No comments:

Post a Comment

Geopolitics at Pause

 Geopolitics at Pause As an author there is a self-giving freedom for imagination and a diplomatic freedom of expressing the same. Not all t...