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Where are the difficulties to equalise the value of all the currencies of the world into a single monetary unit?

Created by : Sambhunath Tiadi, Freelancer, Freelancer  | 07 30 2009 02:32:00 +0000
Industry : Management & Strategy ConsultingFunctional Area : Talent Management(People Management)
Keywords : equalisation of value of all the currencies of the world.
Activity:  176 views;  last activity : 07 06 2010 20:18:09 +0000

At present there are 100 types of currencies all over 248 countries of the world having different value on the basis of the internaional guide-lines which mainly depend on export and import of different products of India. But it is not a difficult task to equalise the value of all the currencies into a single monetary unit by makiing reformaiton in the existing international laws. Some egoistic countries and some egoistic political leaders may protest against equalisation,but it will not affect the economy of any country or world,if properly planned and action initiated.

  
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I am in favour of equalisation of the values . Vs It will not affect the economy of any country or world.
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Yes Mr.Shambunath, you are right. If all the currencies in all over the 248 countries are equalized, then there will be no problem with exchange of currencies and even travelling there since the values of these currencies make lot of problems in terms of transaction.

India indeed should empower its most valuable asses, its farm communities. It will help us a lot in terms of food export and also make us economically reach.
By Neelima Pandey, PR & Media Relations Manager, Group M  | 07 30 2009 08:55:03 +0000
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Now is the time, we have to develop the agricultural sector in a scientific way to achieve more out put, which is the foundation of economy of a country. It is clearly described by Adam Smith,the father of economics that economy means equal distribution of wealth i.e. agricultural products. Consquent upon introduction of different types of currencies and bank notes, the values of currenciees from country to country differs. But it is quite possible to equalise the value of all the currencies into a single monetary unit.
By Sambhunath Tiadi, Freelancer, Freelancer  | 07 30 2009 02:32:00 +0000
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I can provide 100% employment by making reformation of the existing recruitment rules,labour laws and many more. Readers may confirm whether it is possible or not. But I can do it.
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