Wednesday, December 1, 2021

United Nation Organisation and the one Global currency

  1. UNO was formed after world war 2, to integrate different countries of the world, and prevent any future world war.
  2. In Indian democracy, we have Panchayats, State Government and the Central Government. Constitution of India forms the main administrative written document, while Indian rupee (₹), of Reserve Bank of India, works in its territory. 
  3. Indian rupee (₹), like most other currencies of the world is based on the Gold reserves. Export-Import values of a country also decides the value of its currency. 
  4. After the inventions of Internet and the connectivity of large number of places in the world with it, people of different countries started communications and trade transactions. A digital currency called, Cryptocurrency was launched, that works without a territorial border, but have limitations to the internet connectivity. 
  5. Many Governments are not comfortable with the Cryptocurrency and doesn't provides a legal support to it. 
  6. There are many multinational companies with organised trades in many country. Many of them are members of WTO.
  7. United States dollar ($) is the dominant currency that is used in the international trade. Prices of Gold, Crude oil, Palm oil, Maize, Wheat, Basmati rice, Soyabean, Sugar, Chickpea, Onion, Tea, Coffee, Milk powder, Butter, etc. decides the values of the US dollar. 
  8. Trade of Technology related to Computer, Mobile phones, Internet and Robotics have been high in the modern era. 
  9. Trade of Weapons and products related to Physical, Chemical and Biological warfares, Meat and other products related to cruelty with animals, are also very high in the international market, that increases the threats of world wars.
  10. Many countries, like China, Russia, Iran, Turkey, North Korea, etc. competes with the USA for dominance. 
  11. In this conflicts, the role of UNO is undermined. It depends on donations and have to favor the country providing highest donations. 
  12. Due to weak UNO, threats of world wars remains active. 
  13. Strong UNO means Global peace and benefits to the planets Environment and Biodiversity. 
  14. For this the UNO should have its own, one Global currency, both offline and online. 
  15. It should try to invest in the country and company seeking global funds. 
  16. Providing liquidity to the properties listed for sale on internet, should also be its focussed service. With this the UNO will have many properties all over the world and it will be able to provide global services and jobs. 
  17. Besides property, it should also provde liquidity to different products, scraps, wastes, and promote the processing/value additions to them so as to increase its shelf life and market demand. With this the goal of Repair, Reuse and Recycle will get fulfilled. It should also invest in warehouse and logistics services. 
  18. With this the law and order situations will improve and the wide gaps between rich and poors will become narrowed. 
  19. Mission of Financial inclusions will get completed. 
  20. Strong UNO will provide the rise of rational scientific administrations in the world divided on basis of caste, ceed, color, religion, language, culture, tradition, bias, bigotry, etc.
  21. With the tchnology like Internet and Mobile phones, all intellectuals can become a member of United Nations and participate in its votings and decision making processes. 
  22. United Nations can generate capital through easy online bonds with transparency and high liquidity. 
  23. In the current materialistic world, money becomes most important for the life, followed by food, health, property, luxary, dominance, etc. UNO can change the concept of Money, priortizing Planet Earth's health as the biggest wealth, and an important goal of the intelligent humans. (Carbon credit)