were today for a change interesting thoughts to read. Federal President Köhler proposes in his Berlin speech a Bretton Woods II. We remember John Maynard Keynes and his proposal of an International Clearing Union. External imbalances are therefore subject to taxation, much like the Chiemgau Regio money liquidity costs on the holding of cash has implemented. Keynes saw in such perseverance costs ("carrying costs") is a useful rule. He questioned the practicality in the then-world cash, is the Chiemgauer it already but elegant electronic solutions.
A second interesting thought on this day comes from Zhou Xiaochuan, the Chinese Gouveneur Central Bank. The key currency U.S. dollars will be replaced by a world currency, which would by using special drawing rights by the International Monetary Fund (IMF) put into circulation. The Handelsblatt article.
Combining the idea of \u200b\u200ba world currency with liquidity costs and an International Clearing Union, are we so slow to an interesting financial model. If the special drawing rights claimed by regions rather than nation-states, would you mind a step further.
Where people are supported by a regional financial system, a home and identity, they realize the ideal of a true global community.
Chiemgauer 2007 
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