The world currency so loudly denounced will be on the gold standard’
Such a standard has existed previously and was based on any of several popularly accepted gold coins prized for acceptance and purity everywhere. For trade and exchange there were letters of credit, bills of exchange, between the large trading houses and trusted international banking houses. When it became necessary to settle accounts the gold coins were used.
In the modern global economy, the new world currency based on gold will be used to settle accounts and in trade. The present currencies largely replaced by plastic and internet accounts
The world currency should not be feared. In some respects it is a modernized version of what served the world well for centuries. The Bretton woods deal is only 60 years pls. A mere child in global trade
OK, we'll say gold based currency's in the future and for all I care it can stay in the future forever. In the meantime I'll deal with what is, namely a growing world marketplace that's 'been-there-done-that' as far as gold's concerned and is showing no serious intention of returning.