The Single Global Currency - Common Cents for the World (2007 Edition) [Paperback]

Morrison Bonpasse (Author)

Book Description

Publication Date: January 1, 2007

This is the 2007 Edition of the only book in print in the world about the single global currency, and is the only book in the world priced in 143 currencies. (The original 2006 edition was priced in 147 currencies, so we are making progress toward the Single Global Currency.) Written for the people of the world, it describes the origins of the current worldwide foreign exchange system, and tells how to change it; and save the world - trillions. The 2007 Edition contains the entire original 2006 Edition, plus the 2007 Addendum, with separate End Notes, Bibliography and Index for the Addendum. The 2007 Price List is at the end. The multicurrency foreign exchange trading system was developed about 2,500 years ago to enable people of different currency areas to trade. That system has become far more sophisticated in the meantime and handles $2.5 trillion per day; but it is very expensive and risky. It is now time to replace that system with a single global currency. In a 3-G world with a single global currency managed by a global central bank within a global monetary union: - Annual transaction costs of $400 billion will be eliminated. - Worldwide asset values will increase by about $36 trillion. - Worldwide GDP will increase by about $9 trillion. - Global currency imbalances will be eliminated. - All Balance of Payments problems will be eliminated. - Currency crises will be prevented. - Currency speculation will be eliminated. - The need for foreign exchange reserves will be eliminated. Such gains are realistic and attainable if the world decides to pursue them. The monetary unions of Europe, the Caribbean, Africa and Brunei/Singapore have shown the way. Buy and read this book and, then please buy two more and pass them on to others and encourage them to do the same; and work to save the world - trillions. What the people of the world want is sound, stable money and the end to the obsolete multicurrency foreign exchange system. A single glob

Editorial Reviews

About the Author

Morrison M. Bonpasse, is the founder and president of the Single Global Currrency Association. After childhood in Duxbury, Massachusetts, he was educated at Phillips Academy, Andover, and Yale University and was trained as a lawyer at Boston University Law School (JD), a public administrator at Northeastern University (MPA) and a businessperson at Babson College (MBA). He lives with his wife in Newcastle, Maine, USA, not far from his two stepchildren and four grandchildren, and predicts that all will live to see the implementation of the Single Global Currency.

Product Details

• Paperback: 488 pages
• Publisher: Single Global Currency Assn.; 2007 edition (January 1, 2007)
• Language: English
• ISBN-10: 0977842622
• ISBN-13: 978-0977842629
• Product Dimensions: 8.8 x 6 x 1.2 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #3,620,425 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

0 of 3 people found the following review helpful:

5.0 out of 5 stars Is a single "Global Currency" possible??, April 8, 2007

By 

Mr. Larry L. Stage - See all my reviews
(REAL NAME)   

This review is from: The Single Global Currency - Common Cents for the World (2007 Edition) (Paperback)

The U.S. Dollar has been the monetary "corner stone" since the
1944 Bretton Woods Conference.

The ECU or European Currency Unit--now called the EURO, is coming
very close to edging-out the dominance of the 'almighty buck".
Iran wants Petro-Euros versus U.S. Petro-Dollars in it's Oil-based
market-bourses.

China, with all it's new power, suffers from Economic Consumptionary
problems. It's like the crisis that forced Chiang-Kai-Shek from
the Chinese mainland, as Chinese farmers working on collective
farms are NOT sharing in China's "new prosperity"--or--64% of the
Chinese populace. This is SOCIAL DYNAMITE.
China's currency is way under-valued.

In short, the year 2025 A.D. is too soon for a WORLD CURRENCY.
I am a sort of an Internationalist, but nationalism, and even the
forces of ultra-nationalism , are on the rise.
Militant Islamo-fascism blots out any meaningful Internationalism.

This book, The Single Global Currency, is still an excellent treatise
in the needed Monetary Reformation of the World.

But the best ideas now in force are the Tobin Tax, and the United Nations
Law of the Seas Treaty.
These are the two "building-blocks" for a Better World Order, but not
a/the "new world order".
Concerning this book that I am reviewing;
BUY IT. I already have.
This book does call for CITIZENS ACTION FORUMS, not "focus groups",
so BUY THE BOOK!!