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Nintendo, Sony, I Feel Your Pain

Kotaku: It may not seem like it, but Nintendo, Sony, and I have something in common: we're all getting screwed by money.

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SmokexFFx3287d ago

What are some reasons against a one world currency?

ZombieAssassin3287d ago

People would argue over who gets to print it, that's that only thing I can think of.

The Killer3286d ago

there was for thousand of years a one world currency! That currency called gold/silver/copper etc!

but the Zionist destroyed it in order to make usury/interest! which God forbid it in many religions and many cultures also didnt allow it!

with paper money, the money/economy controllers can play with the value! while gold/silver etc contains the value in it self!

so we will never see world currency if we use money that doesn't contain the value in it self!

most probably this paper money system will collapse also in favor of electronic money which is even worse than paper money!

people/economics/countries will be properly controlled with electronic money! and they already starting the implementation!

http://www.youtube.com/watc...

HolyOrangeCows3286d ago

Looks like my best guess in this economy would be to invest in tin foil :)

"there was for thousand of years a one world currency! That currency called gold/silver/copper etc!
but the Zionist destroyed it in order to make usury/interest!"
LOL

Masamori Sumimura3287d ago

one world currency would also mean New world order in full effect.

HeroXIV3287d ago

Because I demand the face on the 5, 10, 20, 50 and 100 note is Gabe Newell.

Shadow Flare3287d ago

It wouldn't fit on the note

come_at_me_bro3287d ago

Episode 3 just got delayed again thanks to Shadow Flare.

Dread3287d ago (Edited 3287d ago )

lol

good one

acere3287d ago

atiCrist
end of the world
666
the rapture
new world order
armagedon

Shadowstar3287d ago (Edited 3287d ago )

As a country, it's harder to control your economy if you don't have control over the money you use. You end up much more tied to what other countries do, so you have to give up a certain amount of autonomy, and no one really wants to do that.

(Or rather, no one wants to do that with unstable countries.)

Skynetone3287d ago

went to one currency,

the roll out was very confusing, everyone going around with calculators for the first year, makimg sure they where not getting ripped off, because every manufacture decided to raise there prices at that exact time, shop keepers handing out old and new coins it was mass confusion

dont think europe could handle a new currency right know

a08andan3287d ago (Edited 3287d ago )

Umm, there is a lot of countries here in Europe that doesn't use Euro. And still many countries that aren't in the European Union so that part of your statement isn't true :)

gamingdroid3287d ago (Edited 3287d ago )

I see the main reasons as:

- individual countries can't or won't have the freedom to print their own money which affects inflation/deflation and a host of other economic factors

- interests rates could be affected by other countries decisions

- the world currency can be affected by one nations mis-action that affects the entire world i.e. if somebody is allowed to print massive amount of cash, then all the countries in the world would have massive inflation.

- inability to hold a country responsible for their own actions i.e. for instance above the printing would affect everyone, but there would be a short term gain for the printer. On the other hand, right now nobody could significantly and adversely affect another country's currency by printing their money.

Basically, each country gives up their freedom in joining the "greater good" that usually ends in a few countries reaping the benefits since you don't have the flexibility to adjust your own currency to fit your own country's need. It's better to have each country regulate their own currency as each of them can make the best decision for themselves.

For instance, China intentionally devalues their currency so that Americans can afford Chinese products. Japan is also devaluing their currency for a long time as they struggle with export.

@shadowstar
That is the jist of it, yeah!

+ Show (4) more repliesLast reply 3286d ago
Ilikegames763287d ago

that Japanese game developers are outsourcing to the US to appeal to the western market and because of cheap labor.

AKissFromDaddy3287d ago

Americans can never make fun of Australian currency because we can't afford to, lmao.

PS. This is a comment on the Kotaku charts.....I lost it when I read that.

djfullshred3287d ago (Edited 3287d ago )

I don't feel sorry for corporations. I do feel sorry for individuals out of work & struggling to get by in this bad economy.

Strikepackage Bravo3287d ago

corporations are made of people right?

I know your leftist post modern education has probably taught you that business is evil, but you cant have working people without working businesses.

Ares84PS33287d ago

They are major fanboys and they bash the living out of Sony and Playstation constantly. They even make up stuff to make them look bad.

They need to come out of the closet and make an Xbox 360 fansite insted of this joke of a site.

Strikepackage Bravo3287d ago (Edited 3287d ago )

there are 10 undercover PS3 fan sites, that do nothing but pump out anti 360 articles. Iron star, im looking at you ;)

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