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    Why the World Doesn't Adopt a Single Currency

    It appears the risks outweigh the benefits in the discussion of a global currency.

    ...sed on money supply. This ability actually helped lessen the severity of the recession in the United States. Any change in monetary policy would have to be worldwide, not on a country by country basis. Legitimacy Regulating a worldwide currenc...

    Tags: currency,china,zimbabwe,global currency,international trade,international travel,monetary policy,currency risk

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    European Central Bank Releases New Monetary Policy

    ECB announces new interest rates and introduces an economic stimulus package.

      President of The European Central Bank, Mario Draghi announced their monetary policy stance on March 10. It was revealed that all interest rates were cut and expanded their monthly bond purchases. In an effort to avoid the possible danger of a...

    Tags: european central bank,ecb,monetary policy,economy,euro,currency,central bank