Estelle McCool — Currency will be no longer determined by those in power

What students are thinking about money. Winner of the second Bank of England/Financial Times schools blog competition. (I guess they are not teaching MMT there.)

A global currency seems the next logical step in international integration. But what would provide the prototype of this new money?...

Bank Underground
Currency will be no longer determined by those in power
Estelle McCool, student, King’s College London Maths School

Imaginative.

A nearly worthless currency ignites imaginations
Sofia Comper-Cavanna, student, Burgess Hill Girls School

This last one is pretty impressive for a grammar school student.

The problem with cashless societies

Utkarsh Dandanayak, student, Royal Grammar School, Guildford

Bank of England and Financial Times schools blogging competition: And the winner is…

Belinda Tracey

Pars Today — Currency Wars: Nazarbayev recommends the introduction of a global currency

In a speech at the Astana economic forum, Kazakh President Nursultan Nazarbayev, proposed taking into consideration the introduction of a "global currency" that will free the world from currency wars.

"It is time to take seriously into account the introduction of an international payment unit that will free the world from currency wars, speculation, avoiding distortions in trade relations and reducing market volatility," said Nazarbaev, stressing that "money should have a simple, transparent emission mechanism for consumers". "Taking into account digitization, technology development, such as block-chain, this payment unit can only be set up as currency. It's important that it is not based on abstract trust for specific resources," he added. In his view, "the introduction of a global currency is possible through the creation of a pool of central banks, for example, by a special UN committee".

Dumping the dollar.

Fort Russ
Currency Wars: Nazarbayev recommends the introduction of a global currency
Pars Today — translated by Frederick Assar