I heard They have been discussing changing the world currency to only euros. I use Euros (as i live in the Czech Republic)...but my questions is it true they are expanding it all over the world so that people don't have to convert (ie.) US currency etc. to Euros when they visit Europe...Sorry if this definition of the question does'nt make much sense, it sounded right it my mind but i don't know how to put it down so it makes sense
Is it true they are thinking of changing the world currency?
I understand you question. You the fact is, in the world today the US dollar is the most widely used and held currency for most international transactions, so that's why some people may call it the 'world currency'. The change you were talking about has been discussed for a long time and currently the topic is being pushed by China and Russia because they feel the US dollar is no longer a stable and reliable currency due since the economic crisis started in the US. However, it is not easy to change it because it took two world wars before the US dollar became established as the 'world currency' and it would take a very serious situation to make people more wiling to change because they might suffer heavy loses.
Is it true they are thinking of changing the world currency?
Not true
i hope not as my currency is more valuable (Pounds Sterling)
There is some movement in China and Russia to make an international currency so as to neutralize some of the economic might of the U.S. dollar. It won't be the Euro.
there were news about it, but political tensions and economic differences will prevent this from happening anytime soon.
Chinese and Russians are behind this idea, and they are doing it mostly b/c it makes them feel important.
