Nations

Should all nations use a single global currency?

For

It simplifies trade and travel worldwide.

Against

It removes economic control from individual nations.

Anonymous excerpts, translated where noted.

For

  • I agree, If we are going to be a global economy, we need to have a global currency.
    RedditOriginal language: English
  • Sure, one currency is convenient for consumers.
    RedditOriginal language: English

Against

  • Countries lose control over interest rates and money supply, so one global currency can’t fit every economy’s needs during recessions or booms.
    RedditOriginal language: English
  • When it crashes the entire world will burn.
    RedditOriginal language: English
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