The argument for a global currency

摘要

Comparing markets across borders and sectors shows a possible move towards a global currency and can provide opportunities for traders and managers who follow it closely.rnUntil the recent financial crisis broke, there was a trend in world markets towards free market principles and a light touch regulatory regime. Political, social and economic factors had been leading to the creation of a world currency.rnA devaluation of currency has occurred in what has been for many years the base currency for the entire world, the U.S. dollar. Because of the spread of American culture throughout the globe, this drop in the dol-lar may be a major step towards a globalized currency.