Hillary this is Adolf.. You fucked with the wrong warload..

What are some potential negatives of single world currency?  When there is single world currency, there will be no interest paid on the creation of currency; a nation requires currency creation as its population grows, as individuals become rich, and/or if importing much more than exporting.  I suppose the ideal economic idea, is that if new money is not printed, like musical chairs, when the music stops, whoever has no money, loses.  Loans, as the means of injecting that new printed money;  

When a nation would require the printing of new money, it would inflationarily effect all nations; so the concept of requiring that nation to pay back in interest, is the potential idea of 'punishing' that nation for inflating the total currency?  And then I guess, the central bank might hold onto the money paid back, as a way to keep money from the market.  

I suppose that is why the central bank requires the amount of money printed paid back anyway, (I dont know why that is not enough, why the need for interest too); the money is printed, it zips through the economy altering material reality (feeding people, who do things that are worth money), and finds its way back to the central bank; and in the mean time more people have been born, the richer have got richer, everyone who saved money in that span did so, everyone who did not did not, taxes occur as always; (well I guess this is why they print massive amounts at once, and its not some amount that finds its way back to the bank quickly);

All of this stems from and has to do with, I suppose everything does, the nature and meaning of value.

But the central bank is constantly being paid money, from its money printing; which just continues the whole problem, the solution; the need to print money; is made impure by the need to then remove money from the economy by paying back the amount of money printed to 'private printers', and then cryingly laughingly worse when interest on that is included.  To the point I do not know if it is actually the truth or I am vastly misunderstanding.  


So yes, single world currency; a nation needs money printed because, (individuals desire to save), there are more individuals than jobs.  The central world bank, prints money to give to that nation; so those without a job do not die; those without a job get the money, and spend it; perhaps a portion of that or all the taxes on that spent money are divided to all the other nations; and then why would that nation have to pay back the central bank the amount printed?  Is that the mechanism to act as if the inflation never happened, the equal and opposite force?  Its feared perhaps, if the process continued without paying back the 'loan', the money would just continue to pool to the owner class, central bank giving the jobless money so they dont die, that money being spent, the owners of the places money can be spent get more money than they would have if the jobless just died;

And the jobless still do not have jobs, so the process needs to continue, and all it is doing is continuously giving the owners a higher percentage of money, and inflating the world economy; 

So the solution is for some 'independent' sacred party to volunteer to sit on a massive amount of money; but as the gears have turned the owners have still continually received an increase in earnings, and when it is time to pay back the money printers, it is taken across the board from everyone, even if they did not necessarily benefit from le stimulus (besides not being surrounded by starving jobless); 


tl;dr I have no clue how the economy works

The paying back with interest should have never been a thing, but I guess it might make sense to have to pay back the money that was printed, to be sat on, to prevent the inflation effects, yeah that does make sense I guess, but then instead of printing new money next time, that money couldshould just be used.