Question: Do more than a dozen people in the world know Esperanto? Dreaming is fun.
Don't shoot me... I am only the piano player.... (I only copied the article, which seemed interesting to me).
Personally, while the idea in theory would be attractive as it would attempt to make trade flow work under a stable frame, where it would allow economists, and financiers make more accurate projections.
More importantly, it would allow producers of goods/services and consumers meet in a market based on pure need and quality of product/service, the resulting price would simply reflect the "worth" assessed by..... a "free market".
Value of a currency would not be affected by any "social engineering" (more popularly known as welfare programs), or "socioeconomic bio-genetics" (ahem, I just made that up, it means corruption), since any such attempt would be reflected in the price of whatever product/service is being traded.
However, to really work, it would mean that more open and honest reporting by third world countries would be a must, likewise, even a higher standard of honesty would be required from first world politicos. i.e. Textbook discipline.
Does that sound like our current world is going towards such heavenly behavior.... hardly so.
A return to a gold standard ? Personally, I doubt it, as again it would require discipline, plus fancy economist (that work for governments), continue to be creative with all forms of "rescue plans" because "they are too big to fail", etc. etc....
Governments have too many pressing needs from their growing populations to meet. For them to subscribe to a gold standard.... I doubt it.
I guess the Euro will be a test case, and as the article indicates it is flawed since, it is a political test as well as a single currency test.....
Could this mean that if the Euro fails, (making the attempt for a single world currency a non-starter), and continued world currency crisis, giving rise to a new era of financial barriers, in the age of the Internet?
Would this allow for the wild chance for an independent (as in rogue), currency ? formed (or supported) by Mercenary Capitalist ?
Perhaps not, since the sheer number of sheep....er... people around the globe need to be .... well shepherd, therefore, once again, submitting to even crazier schemes of "bailouts" etc. making them addict to such, in the end allowing for a lowering of value in the currency they hold. At what point do they decide they have had enough.
This sounds to me just as crazy, but given recent history, very possible. So we then would be living under a scenario of.... growth (for those companies that meet ever increasing demand of the world population), but at the same time in constant state of crisis and "chaos" as the majority can not discipline ourselves to a standard without corruption and without fallacies. Sounds "globally human".
To me, rather than addressing all these financial crosses that seem to perpetuate, (as a result of miscellaneous causes) the currency crises.... what needs to be addressed, (read reduced), is the rampant growth in the world population, and an improvement in the education of the current industrial production of new babies,....
Otherwise...we ain't going anywhere.... picture a dog chasing its own tail, going in circles. However, in the process, the body keeps getting longer, and longer, making it impossible to reach the tail as it is getting further away from us. (and the circle much larger).
The clock is ticking away.......
As to:
Dreaming is fun.
I agree....
But reread the Babel story in Genesis
Actually, under the babble, (yes, that is what I meant), heading I prefer Batman & Robin....they are far more credible.
Frankly, I would rather not go there....
Z. |