Pakistan and allies should have ONE currency

[Cherokee]

pessimist!

realist.

 

[fitpOsitive]

Pakistani Rupee is a failing currency. Turkish Lira is a also falling currency. There are many currencies out there which are also failing. US is imposing sanctions against every country not sucking up to it. The “China” block of countries is taking a hit. So we should solve our currency problems to ensure strong competition against the United States and it’s future trade wars against our countries. We need a new currency that will kill the dollar into shreads. This currency should be shared uniformly by the “China” allies. Likewise to the Euro, this currency should be the standard for dozens of countries. For every form of trade, business, banking, sales. It should be used by every individual. People should earn and spend only using this currency.

What countries should use this currency?

-China
-Pakistan
-Turkey
-Iran
-Qatar
-Russia
-Tajikistan
-Kazakhstan
-Turkmenistan
-Uzbekistan
-Kyrgyzstan
-Plus more

View attachment 493365


What should be the name of the new currency? Few options but not limited to.
-Dirham
-Dinar
-Mal
-Harir
-Sil

Not happening without the concents of central banks. AND.....why would they?

 

[Pan-Islamic-Pakistan]

Gold coins. Let’s see US sanction gold.

 

[Pan-Islamic-Pakistan]

At least for Pakistan, Iran, Turkey. Currency weighted on gold only, not the value of the currency itself.

 

[khansaheeb]

Pakistani Rupee is a failing currency. Turkish Lira is a also falling currency. There are many currencies out there which are also failing. US is imposing sanctions against every country not sucking up to it. The “China” block of countries is taking a hit. So we should solve our currency problems to ensure strong competition against the United States and it’s future trade wars against our countries. We need a new currency that will kill the dollar into shreads. This currency should be shared uniformly by the “China” allies. Likewise to the Euro, this currency should be the standard for dozens of countries. For every form of trade, business, banking, sales. It should be used by every individual. People should earn and spend only using this currency.

What countries should use this currency?

-China
-Pakistan
-Turkey
-Iran
-Qatar
-Russia
-Tajikistan
-Kazakhstan
-Turkmenistan
-Uzbekistan
-Kyrgyzstan
-Plus more

View attachment 493365


What should be the name of the new currency? Few options but not limited to.
-Dirham
-Dinar
-Mal
-Harir
-Sil

You are using the wrong words there is a difference between falling and failing. Every currency falls even the US dollar and the GBP but it doesn't mean they are failing. The system is such that the law of equilibrium applies and eventually money follows cheap falling currency and the balance is restored.

 

[Hamza913]

Not going to happen.

 

[AyanRay]

Gold coins. Let’s see US sanction gold.

The only problem would be how would you mint a 5rs or , 10rs Gold coin? Secondly any rise in the value of gold will lead to people melting the coins and selling it. There is a reason why gold coins were rejected in favour of paper currencies 1000s of years ago.

But you have a good point. World economy is moving towards a 1920s type recession. US, China and other major economies are printing currencies like never before to give stimulus to their slowing economy this will eventually lead to hyper inflation and crash of the currencies. That's why major Central Banks including RBI are staking up gold like never before.

 

[GHALIB]

The only problem would be how would you mint a 5rs or , 10rs Gold coin? Secondly any rise in the value of gold will lead to people melting the coins and selling it. There is a reason why gold coins were rejected in favour of paper currencies 1000s of years ago.

But you have a good point. World economy is moving towards a 1920s type recession. US, China and other major economies are printing currencies like never before to give stimulus to their slowing economy this will eventually lead to hyper inflation and crash of the currencies. That's why major Central Banks including RBI are staking up gold like never before.

md. tughlaq once tried it but failed miserably .

 

[SorryNotSorry]

Currency's name should be "khayali pulav" .

 

[Skull and Bones]

Pakistani Rupee is a failing currency. Turkish Lira is a also falling currency. There are many currencies out there which are also failing. US is imposing sanctions against every country not sucking up to it. The “China” block of countries is taking a hit. So we should solve our currency problems to ensure strong competition against the United States and it’s future trade wars against our countries. We need a new currency that will kill the dollar into shreads. This currency should be shared uniformly by the “China” allies. Likewise to the Euro, this currency should be the standard for dozens of countries. For every form of trade, business, banking, sales. It should be used by every individual. People should earn and spend only using this currency.

What countries should use this currency?

-China
-Pakistan
-Turkey
-Iran
-Qatar
-Russia
-Tajikistan
-Kazakhstan
-Turkmenistan
-Uzbekistan
-Kyrgyzstan
-Plus more

View attachment 493365


What should be the name of the new currency? Few options but not limited to.
-Dirham
-Dinar
-Mal
-Harir
-Sil

Name of the currency will be Yuan.

 

[Skull and Bones]

Gold coins. Let’s see US sanction gold.

There is not enough gold mined to support the growth rate of developing/emerging economies.

 

[my2cents]

Pakistan is one the biggest economies amongst the countries mentioned

How will you determine the value of this currency?? Who will be incharge of printing it??

One way to find the value is weighted average like they did with Euro.

 

[My-Analogous]

Pakistani Rupee is a failing currency. Turkish Lira is a also falling currency. There are many currencies out there which are also failing. US is imposing sanctions against every country not sucking up to it. The “China” block of countries is taking a hit. So we should solve our currency problems to ensure strong competition against the United States and it’s future trade wars against our countries. We need a new currency that will kill the dollar into shreads. This currency should be shared uniformly by the “China” allies. Likewise to the Euro, this currency should be the standard for dozens of countries. For every form of trade, business, banking, sales. It should be used by every individual. People should earn and spend only using this currency.

What countries should use this currency?

-China
-Pakistan
-Turkey
-Iran
-Qatar
-Russia
-Tajikistan
-Kazakhstan
-Turkmenistan
-Uzbekistan
-Kyrgyzstan
-Plus more

View attachment 493365


What should be the name of the new currency? Few options but not limited to.
-Dirham
-Dinar
-Mal
-Harir
-Sil

We should name it SCO (Shanghai Cooperation Organization)

 

[My-Analogous]

How will you determine the value of this currency?? Who will be incharge of printing it??

One way to find the value is weighted average like they did with Euro.

We adopt gram system 1 gram of gold equal to 1 SCO

 

[my2cents]

We adopt gram system 1 gram of gold equal to 1 SCO

Do you have enough gold to go back old system and make it work??