A New Money Exchange System: The World Calorie Currency (WCC)

A New Money Exchange System: The World Calorie Currency (WCC)

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The current ruble crisis causes much trouble for many of those eastern European countries like Russia and its neighbour countries: Strong ruble depreciation and high inflation for consumer goods are its most negative consequences. Because the ruble is only a national currency, but not a world currency, some people might ask if we introduce a new global currency, the World Calories Currency (WCC) or qCal-Moneyq, that currency would be less vulnerable and less crisis-prone. In this short paper, I firstly present the 4 main criteria of a successful and widely accepted currency: 1. Fair valuability a high inflation security, 2. high trust and acceptance among the users, 3.high distribution over the world and 4. high supportiveness of the real economy. After I compared the strength a weaknesses of the World Calorie Currency and present some concrete measures to make the Cal-Money implementation more smoothly, I then came to conclusion that all 4 main criteria of a successful, world wide applicable currency would be fulfilled by the WCC.Another characteristic of WCC which can be a huge advantage compared to other aquot;normalaquot; currencies (Dollar, Euro, Yen ... coverageaquot; which means that for example a countries central bank (US, UK, China, Japan, Euro-Zone, Switzerland etc.)anbsp;...

Title:A New Money Exchange System: The World Calorie Currency (WCC)
Publisher:Calorie United - 2015-02-04


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