Is it time to replace the U.S. Dollar with another World Currency acceptable worldwide?

There aren’t really any good alternatives to the US Dollar at the moment. It’s unlikely Asia and the middle east would agree solely to the Euro as a new reserve currency without trying to interject their currencies into the mix, and keeping a basket of currencies in line involving those various regions would be next to impossible, especially given differences in their monetary policies, internal fiscal strength and lack of alliances politically. Throw gold in there and the prospects become even less plausible.

Aside from not wanting this to happen (as an American) I just don't see any other currencies being ready to handle the burden of being a "world currency" yet. The obvious candidate is the Euro, but I think it needs to fight a few local battles before it is ready to stabilize as an acceptable world trading bill. Perhaps an entirely new "world currency" is the answer?(how about Mahalo $?).

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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