Im Frühsommer 1993 hatten sich Finanzministerium und Zentralbank in Rußland auf eine restriktivere Linie in der …

Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and … people of different currency areas to trade. That system has become far more sophisticated in the meantime and handles $3 ….8 trillion per day; but it is very expensive and risky. It is now time to replace that system with a single global currency. In a …

currencies. To conduct that business, they (whether one or both parties) must pay fees for exchanging one currency for another … purchase currency instruments to hedge against currency fluctuation. All of these tasks add up to an average of about 5% of … to implement a Single Global Currency, to be managed by a Global Central Bank within a Global Monetary Union. In short, a …

currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …

currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …

currencies. To conduct that business, they must pay fees for exchanging one currency for another and they must determine the … exchange rate for a particular time. If the transaction is to be conducted over time, they may purchase currency instruments to … hedge against currency fluctuation. The costs of these tasks to such firms are significant. As an increasing number of …