The Need for National Currency

Jan 5
08:17

2011

Rhab Hendrik

Rhab Hendrik

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

We need money that is a fact. Money is portable and easy to use to purchase what you want. If the past this was not always the case. People used other systems in order to get what they wanted. As a result, money was invented. The barter system was in place for a long time and it was the best forex trading system available during that era. This is a system where you take eggs, bread or a bundle of carrots and trade them for other things you need.

mediaimage
We need money that is a fact. Money is portable and easy to use to purchase what you want. If the past this was not always the case. People used other systems in order to get what they wanted. As a result,The Need for National Currency  Articles money was invented. The barter system was in place for a long time and it was the best forex trading system available during that era. This is a system where you take eggs, bread or a bundle of carrots and trade them for other things you need.
It take a lot of effort to carry around these goods, so another way to buy goods was invented. Is not very practical. This is how money came about. Money is not the actual coin or dollar. It is represents production. It is not production itself. Money is an idea that is backed up by a confidence in it. You do a certain amount of work and you get paid for it. This pay is used to buy goods and services that you need. All countries of the world have some type of currency. If you travel to Africa and want to buy something, it is not convenient to take 10 gallons of milk over seas. This is not too practical. It is easier to carry money in your pocket and buy something with that instead of the milk.
The idea of money is a result of the need for it to be convenient. The problem of money comes about when it is manipulated or made to be worth more or less than it actually is. You can tell from the fluctuating currency markets that there are many false economic systems that are created to destroy countries and this type of forex trading tips the balance of the global economy. This is where the evil lies, not with the use of it or with people producing. These manipulators of the market are the central bankers in your country.