Global Economy - Global Currency

There has been much speculation recently about the prospect of a global currency to replace the once dominate US dollar, but is this a good thing for the world? Many non-Americans, particularly the Chinese, the Russians, and the Brazilians, will argue that the US dollar does not meet the needs of the world in a global economy reports the E-Commerce Times. However, I believe that the formation of a global currency by what many refer to as the BRIC nations is an attempt to bring the US down to their level. If you look at all the countries advocating for a global currency, all of their domestic currencies are far weaker than that of the US dollar. Therefore it would allow them to become more influencial/profitable on a global scale, a good example of this was the introduction of the Euro. The Euro put all European countries on an even playing field and now the Euro is valued higher than the US dollar and almost as much as the UK pound. In my opinion, the idea of a global currency has far too many implecations, especially in developing nations and is merely an attempt to take America's economic dominance away. Please notify me when you hear a non-European, Chinese, or Brazilian advocating for a global currency, when you do I'll be sure to ignore you.

This will also have implecations on e-commerce activities, especially for North American exporters. If China, Brazil, and India are all of the sudden in possession of a strong world currency, what are the advantages of doing business with them? It would drastically change the landscape of importing and exporting, there are too many speculations to make and I don't have the time or the knowledge to make those speculations. If the sotry gets wheels then you'll definitly hear about it on CNN.