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Economics Gold as Currency, How do you think it would play out?
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Beastboy
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 May 22 2010, 10:37 PM
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Getting Started
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QUOTE(garytong @ May 22 2010, 10:26 PM) The proportion of available gold does not correlate well with the population on this planet. To make gold feasible again, we must cut down our population to pre ww1 era. A lot of people have got to go..... to heaven or hell, take your pick. Hell. I hear there are more babes there.  How about going back to the barter system. Would it eliminate some of the undesirable things posed by gold? (On top of eliminating access to much of our wants and forcing us back to basics - our needs.) This post has been edited by Beastboy: May 22 2010, 10:38 PM |
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Beastboy
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May 22 2010, 10:57 PM
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Getting Started
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QUOTE(dr2k3 @ May 22 2010, 10:39 PM) if a bread seller want a car, are you going to cut the car into pieces? No. I'll just make him deliver me 3 loaves of bread a day for the next 10 years.  |
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Beastboy
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May 22 2010, 11:43 PM
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Getting Started
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QUOTE(dr2k3 @ May 22 2010, 11:02 PM) that is one cheap car.... Ya, wait till u see a photo of it. QUOTE(slimey @ May 22 2010, 11:08 PM) doesn't work.....need something universal that everybody wants........ got person want to buy car from you by trading bread with you....but you don't want bread.......hence trading is limited... Yes trading will be limited. It forces u to produce only goods that ppl are willing to trade for, which isn't so bad if everyone's back to basics: food, clothes, medicine, horseshoes. Craftsmanship will rise again as ppl concentrate only on producing necessities. Yes I admit, bartering will never do what paper money can do so no more Dow Jones, etc. But isn't speculative markets one of the first things to go if gold-backed currencies disappear anyway? |
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