Is Global Currency a Reality?
By Srinivasan S
November 8, 2015 7:24am CST
It could be a childish thought. But what is wrong to munch and debate whether "Global Currency" could become a reality. While (some of the) European countries could successfully achieve and sustain a single currency, I am dreaming what if just these 7 continents sit together and invent a single world currency called, say "Globar" or something mutually agreed to between them. Economists might bounce back and argue with hundreds of 'if's and 'but's. However, if some practical socio-economico-political leader will be born with such a thought in the near future, a global currency might perhaps be a reality soon.
8 Nov 15
@Bluedoll yes there was a 'barter' era in ancient India. I have heard my grandfather talking about it where currency (or coins for that matter) was nullified and people used to 'swap goods' to get something else. I guess Mesopotamia tribes practiced barter as early as 6000 BC.