Along with others, there should be a fundamental human right to a stable currency, where people have the ability to Earn, Save, Invest and Spend stable money.
This human right does not require government expenditures to protect, but it does require government and central bank practices which keep inflation to a low level, such as 2%. Allowing inflation to rise above 4% could be said to violate the human right to a stable currency.
Allowing inflation grow at greater than 4% is to deprive many people of their property without just compensation.
Establishing a single global currency, with a global central
bank with a representative governing structure, is the only
way to ensure the people’s right to a stable currency. The
current and historic system of multiple currencies, transferable
through an exchange rate system is so susceptible to large
fluctuations of value as to deny hundrends of millions of
people their fundamental right to a stable currency.
