<blockquote>'What the Keynesians have dreamed of, then, is a world with one fiat currency, the issues of that paper currency being generated and controlled by one World Central Bank. What you
call the new currency unit doesn't really matter: Keynes called his proposed unit at the Bretton Woods Conference of 1944, the "bancor"; Harry Dexter White, the U.S. Treasury negotiator at that time, called his proposed money the "unita"; and the London
Economist has dubbed its suggested new world money the "phoenix." Fiat money by any name smells as sour.'
- Murray Rothbard,
The Keynesian Dream</blockquote>