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Old 01-24-2018, 04:25 PM
 
289 posts, read 161,787 times
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Why or why not?
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Old 01-24-2018, 04:43 PM
 
Location: Aurora Denveralis
3,084 posts, read 1,040,161 times
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The ability of nations or confederations like the EU to adjust monetary value to manage the national economy is pretty hard to argue against. Sure, there are other ways to adjust the economy, but locking everyone from the PIG countries to the US, Norway and Japan to the same currency value would be a real straitjacket.

Great idea for when the world is more perfect, though.
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Old 01-24-2018, 05:08 PM
 
8,301 posts, read 3,463,333 times
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You can always use gold.
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Old 01-24-2018, 05:10 PM
 
Location: Aurora Denveralis
3,084 posts, read 1,040,161 times
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Quote:
Originally Posted by Hoonose View Post
You can always use gold.
Gold's not currency. Besides, some men do it for diamonds.
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Old 01-24-2018, 05:40 PM
 
Location: Ohio
18,053 posts, read 13,262,843 times
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Quote:
Originally Posted by Quietude View Post
Gold's not currency.
It is when so designated.

Quote:
Originally Posted by Quietude View Post
Besides, some men do it for diamonds.
Diamonds are valuable, only because they are manipulated.
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Old 01-24-2018, 05:58 PM
 
8,301 posts, read 3,463,333 times
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Quote:
Originally Posted by Quietude View Post
Gold's not currency. Besides, some men do it for diamonds.
Sure gold can be currency. Diamonds too, although even less efficient as currency.
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Old 01-24-2018, 05:59 PM
 
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Quote:
Originally Posted by Mircea View Post


Diamonds are valuable, only because they are manipulated.
And gold and all currencies. No doubt even bitcoin.
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Old 01-24-2018, 06:16 PM
 
Location: Aurora Denveralis
3,084 posts, read 1,040,161 times
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Quote:
Originally Posted by Mircea View Post
It is when so designated.
As is the leaf. Terrible inflation problem, though.

I suggest the OP is positing something that can actually be used in daily life and international trade, and be accounted for in electronic systems, much like most currencies around the world (as presently designated).

Why, yes, you could issue notes or bits based on gold... but then it's a basis or reserve for the actual "currency." But I guess we could all start wearing belt pouches on our kilts again, and ship tons of the stuff here and there. I'm good with that, as I know a thing or two about robbing trains.
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Old 01-24-2018, 06:23 PM
 
Location: San Angelo, TX
1,642 posts, read 2,808,345 times
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Gold and silver are currency, the definition of currency at that.
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Old 01-24-2018, 07:05 PM
 
9,110 posts, read 3,718,308 times
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Keep using the US dollar
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