China and Russia have taken the biggest steps to that end so far.
But it seems we may already be in the planning stages to consolidate currencies, with the ultimate goal of establishing a single currency for the entire planet.
Hard to envision, but the signs are there.
That's something not meant to benefit you or me, but there are ways to leverage this intensifying trend to your advantage...Advice from Chicago That's Sure to Be Followed Globally
"You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before." -Rahm Emanuel
That, I'm afraid, is exactly what will happen when (not if) the next major economic crisis hits. I'd even venture to guess it's Rule No. 1 in the "central planners" rulebook.
Major new laws like FATCA (Foreign Account Tax Compliance Act) and a growing acceptance by major governments of a digital currency, like Bitcoin, are simply setting the stage.
The ultimate goal is to establish and roll out a single, planetary currency regime. There will, quite simply, be no alternative available.
It's all about control.