There seems to be a great deal of debate as well as conspiracy theories that the world will have a One World Currency. I agree with Mike Maloney as he explains in this short video that it is highly unlikely that the world will have a single currency.
The reason why Maloney believes there will not be a One World Currency has to do with the ability for countries to wage war. Countries like the United States, China and Russia for example would not be able to print massive amounts of worthless paper money to pay for a war against each other or another country.
To be honest, I actually didn’t think about the reasoning why a one world currency wouldn’t be feasible for the individual nations until I watched this short video. Mike goes onto to say that fiat currencies lose their value when someone tries to exchange them in another country. However, gold and silver spend the same in every country.
Lastly, Mike believes the world will go back to a physical backed currency, but warns a gold standard is not the way to go.
I highly recommend watching this short video as Mike Maloney shreds the theory of a One World Currency.