Is the money system a bad system?
money once known medium of exchange , still is. following web many articles described money inevitable in our daily life. however, fiat currency 1 should condemn. politics of numbers game , there no gold standards up.
http://search.yahoo.com/search?p=faq%20o...
printing currencies using new words money supply fiat monies sustain wars, stimulus programs financial industries deadly sin kill many third world , developing countires creating inflation political convenience regardless of killiing billions directly , indirectly creating push , pull inflations making many starve dead because poor can't cope staggering inflation , billions starved dead.
keynesian approaches of evilly made america eliminated gold standards richard nixon , boasted supply can make americans richer triple return. deadly wrong , totally misled!
http://search.yahoo.com/search?p=inflati...
do need new system? suggest?
Social Science Economics Next
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