Ewtron
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| Joined: 22 Oct 2008 |
| Total Posts: 3132 |
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| 11 Jun 2012 10:19 AM |
...Money?
I'm not talking about paper money or change. I'm talking about the concept of currency as a whole.
Inflation is increasing all over the globe. What would happen when the currencies eventually become debased entirely? Would we get by in a golden era of peace and spirituality, or would it be anarchy in the worst sense of the word?
I'd like to hear your opinions. I have a feeling that a complete monetary collapse is closer than we think. |
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X135
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| Joined: 20 Aug 2010 |
| Total Posts: 245 |
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| 11 Jun 2012 10:22 AM |
The world would be a socialist type government. No money - just trading of goods WITHOUT money.
☜▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬☜☆☞▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬☞ - Candymaniac, a highly reactive substance. |
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| 11 Jun 2012 10:24 AM |
Think back to the last time we had a barter economy.
There you go. |
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Ewtron
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| Joined: 22 Oct 2008 |
| Total Posts: 3132 |
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| 11 Jun 2012 10:26 AM |
| Do you suppose life was better or worse back then (with bartering)? |
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X135
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| Joined: 20 Aug 2010 |
| Total Posts: 245 |
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| 11 Jun 2012 10:38 AM |
What's bartering? I don't know that much english words.
☜▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬☜☆☞▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬☞ - Candymaniac, a highly reactive substance. |
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| 11 Jun 2012 10:42 AM |
A barter economy is one where you exchange items for those of percieved equal value.
It generally creates economic stagnation and doesn't really increase agregate welfare. |
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Ewtron
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| Joined: 22 Oct 2008 |
| Total Posts: 3132 |
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| 11 Jun 2012 10:45 AM |
Really simple, dude....
@X135: It's trading objects for other objects. Say if you needed a few baskets, you could trade something you made, say a bolt of fabric, for those baskets if both sides agreed. |
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| 11 Jun 2012 10:47 AM |
Bartering is basically where we started out before currency.
Think of the ancient trade systems. |
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| 11 Jun 2012 10:50 AM |
| Typically used in cultures with a strong emphasis on tradition in order to maintain economic stability. |
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X135
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| Joined: 20 Aug 2010 |
| Total Posts: 245 |
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| 11 Jun 2012 11:12 AM |
"A barter economy is one where you exchange items for those of percieved equal value."
Ahh, I said that in my earlier post. You'd trade goods for other goods.
☜▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬☜☆☞▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬☞ - Candymaniac, a highly reactive substance. |
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pepper0
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| Joined: 01 Sep 2007 |
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IamLibyan
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| Joined: 18 May 2012 |
| Total Posts: 373 |
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| 11 Jun 2012 11:23 AM |
EWTRON YOURE BACK!!!
DO YOU HAVE STEAM? |
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Ewtron
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| Joined: 22 Oct 2008 |
| Total Posts: 3132 |
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| 13 Jun 2012 11:28 AM |
Hello, IamLibyan.... do I know you, or are you an alt?
No, I don't have Steam. The most I'm allowed to do on the internet is this, Gaia Online and You Tube. |
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Balkans
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| Joined: 26 Apr 2012 |
| Total Posts: 459 |
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| 13 Jun 2012 11:31 AM |
| I'm not really sure how the world would be with out money |
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| 13 Jun 2012 11:33 AM |
We could still live obviously.. But most things will be valueless without money. |
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Ewtron
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| Joined: 22 Oct 2008 |
| Total Posts: 3132 |
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| 13 Jun 2012 12:09 PM |
| @Tax: Value is an illusion. Things only have value because we give them value. |
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| 13 Jun 2012 12:11 PM |
| Ehhhh...not quite, a moneyless society would still have value in use and value in exchange. |
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Hazor
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| Joined: 09 Feb 2009 |
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| 13 Jun 2012 01:04 PM |
| I think bartering societies are better when everyone manufacturing their own stuff. But today the people that manufacture their own stuff are company owners that are massivelly producing that stuff through workers and machines. If we would go on bartering the companies would collapse and everyone will be manufacturing their own stuff again, setting the community backwards. |
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jbg23
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| Joined: 21 Feb 2011 |
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| 13 Jun 2012 01:06 PM |
| Custom, societies in which everyone is self-sufficient are the epitome of inefficient. |
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| 13 Jun 2012 01:08 PM |
| But 1.) It is hard for everyone to manufacture their own stuff and 2.) this will return the world into feudal times, making today's infrastructure totally worthless. |
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Iqualit
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| Joined: 07 Jul 2010 |
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| 13 Jun 2012 03:03 PM |
"The world would be a socialist type government. No money - just trading of goods WITHOUT money."
Um no.
Bartering has nothing to do with Socialism. Bartering is arguably a primitive form of capitialism if anything. Socialism is when they government pretty controls the economy and all aspects of life and determines in their eyes what is fair, what is enough and what is right and what is wrong. They control property, companies all sorts. |
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jbg23
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| Joined: 21 Feb 2011 |
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| 13 Jun 2012 03:45 PM |
Bartering has nothing to do with Socialism. Bartering is arguably a primitive form of capitialism if anything. Socialism is when they government pretty controls the economy and all aspects of life and determines in their eyes what is fair, what is enough and what is right and what is wrong. They control property, companies all sorts.
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Iqualit, socialism is best defined (there are a few exceptions) as when the workers own the four factors of production (alternatively, they gain control of the remaining three; entrepreneurship is generally already owned at least in part by the workers).
You've defined a command economy. The only way your scenario would be socialism is if the country was very, very democratic. |
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Iqualit
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| Joined: 07 Jul 2010 |
| Total Posts: 756 |
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| 13 Jun 2012 03:47 PM |
| No. You have described communism or what dreamers hope communism will turn out to be once they decide to take it on but usually the human element prevents them. |
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