, with the country whose sovereign currency functions as the world currency able to obtain huge international seigniorage and … international inflation tax. Second, this single world currency model is unstable. The premise behind the functioning of an … international monetary means of payment is the strong credit of currency-issuing countries, but the Triffin problem means that the …

One World Currency presents a serious study about the need for a single stable currency with timely, historical … universally accepted currency will lead to economic stability throughout the world as well as the means for the design …, implementation, and administration for such a currency …

The optimal currency for a country is an important topic. While it is difficult to identify the best option overall …: Which currency is best for business in a small country? Several kinds of currencies are discussed and three criteria that … in a small country seems to be a currency board with a fixed exchange rate that can be adapted in case of a crisis. A …