Pros And Cons Of National Currency

Superior Essays
National Currency
“It's not that I’m Anti-China. I just think it’s ridiculous that we allow them to do what they're doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do” (Trump). People will go to immeasurable amounts to have the upper hand in this world, especially when it involves money. What if we could eliminate the probability of one country having an advantage over all? When concerning money, we could terminate any future plans to have a superior economy based off of currency. If everyone adopted a national currency, then the manipulation from countries abroad would cease, we would become a unitary economy and trade system, which would set us all
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Without competition in an economy it can become dangerous. Why not just let one country produce a certain product instead of competing for it? This would create a monopoly. Monopolies are dangerous in a democracy because leaders form alliances. There are strength in numbers, but it becomes increasingly powerful when the numbers itself are strength without each other.
Bonding together produces a power that can not be easily broken. For example Jp Morgan, Rockefeller and a couple others formed an alliance to keep their monopolies, when the United States started to form. This worked for a long time, they took out any threat or obstacle, until one strong willed opponent, holding a very high position of power came into the question, Roosevelt swooped in with a very strong head on his shoulders to break up this alliance, to protect workers. Having a leader that can break up that kind of alliance doesn't come easy, so we must prevent it from happening
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S. Dollar then many people and the economy itself would be affected tremendously. Many trees would give their life to produce our paper money. Many people would give their time to upkeep the constant lessening value of the dollar. Many forest and animals within would give up their home to put our factories up and running. Many people, places, and animals would give their time and homes as a sacrifice to produce enough money to upkeep the dropping value.
Why not eliminate this sacrifice and create a whole new currency instead? We would recycle all of the money we have right now to put forth a new dollar, new value, and new currency. We would potentially be creating world peace in a sense, once we realize we are all leaning upon one another, we will work together to build up a unitary, strong economy. This would eliminate tariffs, quotas, and many other problems with the economy.
By adopting a new money system we would keep factories, create more jobs, and be investing in more education. It will take someone to teach this new system, someone to create it, and someone to regulate it so that we don't devalue it as a whole. We are always needing new jobs, with this one no one will be able to get by with anything if everyone is watching. It will secure jobs that are put forth into the economy, one that we can trust if we are all watching them together. It's important to have secure jobs that don't do anything to blindside the people when

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