Global Currency: Moon / Mooney

During the spring of 2047, the IMF’s radical but credible proposal did not surprise any of the economic agents: a single global currency and the return to a physical standard, be it gold, diamonds, or any other.

The second great crisis of the 21st century in 2033, proved that cyclical bubbles always benefited a minority of financial elites to the detriment of the immense majority of the population. Trade tensions between states, and even within them, continued to increase in a worrying way.

After over a year of international negotiations, the plenary session of the United Nations on 21 March 2048 voted in favour of the first economic and planetary resolution on unifying all currencies of the nation states. The new currency was named “Moon” (colloquially called Mooney in English). The physical support for it would be the lunar anamadium dioxide, fifty times more expensive than gold on Earth.

The market value ratio would always remain as:

1 Moon = 1 mg of anamorphite

It was also agreed at that same plenary session that the new global currency should come into force on 1 January 2049. A transition period of 5 years was established so that each state could progressively withdraw the paper money from circulation and exchange all the cash that people had not deposited in banks.

Historians marked that day as the birth of Postcapitalism.