What is MONEY?
How is it made and valued? What actually makes money(or anything else)have worth?
Can gold and silver(or anything else) be "monetized or de-monetized" at will or whim of fashion?
What brings about the worth of anything? Gold, silver, oil, the Dollar, Yen, Euro, or anythingthing else? Is it only demand and supply?
If the money of our nation is, to the largest extent,backed by the debt of our nation, will wou dollar have on-going worth if we have no(or a greatly reduced)national debt? Does the phrase "Full Credit and Faith" have any meaning at all?
What should be the Exchange Currency of the world? The US Dollar, The Pound Sterling, The Euro, The Yen, Gold, or something new?
Is a "One World Currency" a valid concept, and if so, how would it be valued? Could it work? How? Why not? Would this rid us of national borders and war or simply create new bigger and more restrictive layers of government? |