Monday, December 2, 2013

Money #1

                                               Currency: The basis of a kingdom

Money is the bases of world trade. While there are several types of money, it all means the same thing. It is all used for all the same thing, to trade for goods. Since the dawn of humanity people have used money to buy things that they find of use to them. They have bought things such as animals, play stations  food and even clothing. And what is bought is as diverse as the currency that is used people use things like cowry shells, salt,  silver and gold to buy what they find or think is neccesary for their survival. But people usually give little thought to the value of money, it's origination or what it is going to be in the future. In the past, items that were rare in your area of living were acquired from someone else home for something that was rare to them. Like fish if you were landlocked you would get sea foods from someone that needed food from your place of living. But as money evolved it turned into hard metal circular objects that in my opinion are very confusing and not very practical. I mean what are you supposed to do with little circular metal coins that you cannot ea or do basically anything with except trade for goods. The coins also have little value, they are made useless metals. Not only is most money made out of useless metals, some of the metals are made of "precious" metals, called precious because they are real rare. This is very baffling and backwards, you have circular metal objects called coins that you back with more circular objects made of "precious" metals and then you expect your economy to be fine. How is your money worth anything if you have nothing of value in stock. One thing that did occur in the past was that people always did have something of value in stock. Always something of use that everyone could use, and some useless stuff, but they always something of value. Cowry shells, salt, ivory, and silks, thees riches are what kingdoms were built on. Now people have circular metal objects that they think is turn their kingdom into a really great one. Wrong, while some kingdoms in the past had some metal(useless) currency they always had trade and barter systems that is the reason why some of them had long times when they possessed power over little nations. In my opinion it takes a good currency to turn a nation into a kingdom and it is not going to happen by having useful currency. People have to know you are financially better that them, that is why in the past many people would send riches from their homes to other nations that they were trying to impress. They would show how their citizens were spending currency that had high value, if the value was low this showed that the place did not care for their citizens or the place was poor. By not having useful currency I think that places are showing that they care nothing for themselves and nothing for their economy. Look at this if people go into need, will they want a chicken or eggs or some coins. While it depends on the type of need they are in it is simple that if they are will at least need the chickens or eggs. Especially since money loses more and more of its value as the time goes on. What will buy something today, in the near future the price will go up and that will no longer will be able to bought with that type of money. We have to realize the price of things and see that not all currency is a good one. While I do not think I know everything I am at least entitled to my opinions. And my opinion states that I do not think that I do not think that the current currency is a sustainable one. We have to look for sustainable economies and resources that can build a kingdom. That means we must find a currency that will never lose value in any situation, economic or otherwise live in a bankrupt system.


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