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the world today is home to over 190 countries using 180 currencies to trade invest and collect taxes this is to say nothing of the up-and-comers like crypto currencies and age-old reserves like gold and silver the global economy is complex at the best of times and the foreign exchange or forex market only looks to add an additional layer of confusion to this complexity currency is supposed to be the legal tender that makes trade easier for everyone so this begs the question could the world adopt a single universal currency it sounds like such an obvious solution that would wipe out the frustrations at all levels of global industry from someone desperately trying to exchange yen for euros at the airport all the way up to international companies managing their foreign operations this is not just about convenience though removing the burdens of transactions has a very real impact on the economy humanity has a vault financial system from bartering to gold coins to fiat currency all the wa
