Finance & Fury Podcast

Welcome to Finance and Fury, the Furious Friday edition.  In this episode we will look at the concept of a one world currency and if one single currency could actually work for the world? There has been an increased level of discussion around this topic over the past few years – especially with central banks looking to adopt digital forms of currencies over the next few years However – these are based on the individual country’s central banks - There are about 195 countries – depends on who you ask – but working off the UN numbers – there are 195 At the same time - There are 180 currenciesrecognized as legal tender in United Nations (UN) member states Abut 15 of these UN recognised nations use some other nations currency already as their legal tender – like the USD as the global reserve currency However - excluding the pegged (fixed exchange rate) currencies of the 180 – which there are about 50 – which also peg themselves to the USD - there are only 130 currencies which are independent or pegged to a curre