New currency concepts might usher in an age when international debt is eradicated, and global equality and trade commonplace.

Finance has the power to shape our future planet, its problems, successes, poverty, wealth, happiness or misery for billions of human beings. We know today’s systems are at best functional, at worst criminal, but finding new ways won’t be easy.

So might a global currency ever be achievable?

Why not? National currencies have been achieved, surely the next step of cooperative, integrated, planetary procedures points in this direction. Surely European currency integration shows this trend. If it requires a planetary communication system, this is also emerging via the internet etc. The use of mobile phones in Africa for banking purposes is probably an indication of the speed of planetary monetary integration.

Karl Jaeger