Early in the year 1789 the French nation found itself in deep financial embarrassment; and this was speedily followed by calls for an issue of paper money. By August 1, 1795, some six years later, the gold 25 francs coin was worth in paper, 920 francs; on September 1st, 1,200 francs; on November 1st, 2,600 francs; on December 1st, 3,050 francs. In February, 1796, it was worth 7,200 francs or one franc in gold was worth 288 francs in paper. Prices of all commodities went up nearly in proportion. This story, of how a first world nation turned to paper money and destroyed itself, its people and its economy in the process, even arguably setting in motion the rise to power of Napoleon Bonaparte, is told in this book by Andrew Dickson White, academic, ambassador and author. As ever, history remains our best guide of what the future holds, and, considering our Fiat money system today, sounds a warning call that should be heeded.
This brightly illustrated picture book introduces the concept
of money, first by looking at its development as an alternative to bartering and then by explaining the many forms of money, from primitive rocks, feathers, and metal lumps to the familiar coins and paper bills to alternatives such as checks, credit cards, and digital forms of payment. Adler does a particularly good job explaining the inconvenience of
bartering through child-friendly examples such as How would a baker trade for a house? How many loaves of bread would he have to trade? And why would anybody want so much bread? Using flat colors and stylized designs, Millers upbeat digital artwork helps to clarify points made in the text, while adding occasional bits of visual humor.
The End of Money: Toward a New, World Economy under the Credit Unit System describes a viable replacement for the monetary system. Humanity has made incredible strides in so many areas - in computers, communications, medicine, the physical sciences, transportation, etc. - yet it continues to hold on to an economic system that has been in use for centuries. Money has changed in form and no longer entails just metal coins and paper currency, but also credit/debit cards, electronic money, etc. Even so, it is still age-old money dressed up in modern forms and it is keeping humanity from evolving into a society in which everybody is prosperous, thriving and happy. Under the Credit Unit System: 1) The monetary system and all forms of money are eliminated, as is everything connected with them: profits/losses; costs of production, distribution and consumption; wages; taxes; insurance; accounting and bookkeeping; financial institutions; stocks and bonds; economic cycles entailing inflation, deflation and stagflation; exchange rates; etc. There are no corporations or for-profit companies. There is no gulf between the rich and the poor. 2) All the basic material things needed for a prosperous life, such as food staples, total health care, basic housing, public transportation, utilities, basic clothing and basic education are freely provided to everyone. 3) All money-related crimes, corruption, exploitation and identity theft are eliminated. Moreover, money-caused marital problems, suicides and chemical addictions are eliminated. 4) Viable solutions that cost nothing can be implemented for climate change, pollution cleanup, food and water shortages, and all such dire problems. Individuals are compensated for their labor with Credit Units or CUs, which are units of value that are periodically issued to individuals' personal file by a central computer; they do not receive CUs from the entity they work for. Individuals receive CUs according to their job position and the length of time they have been employed at that position. They do not receive CUs for the services they provide or for the products they produce or distribute. For instance, a doctor receives X number of CUs for being a doctor, not for the services she provides as a doctor. A wheat farmer receives X number of CUs for being a wheat farmer, not for the wheat he produces. A computer store owner receives X number of CUs for being a computer store owner, not for the computer products she offers. Since there are no costs of doing business at any point along the production chain, the items mentioned in #2 above can be provided to everyone CU-free. They use their CUs to acquire products and services beyond these CU-free basics. When a person acquires such a product or service, the CUs are deleted from his or her personal file. They do not go to the business (businesses and other non-flesh-and blood entities cannot receive CUs). They do not go anywhere - they simply vanish. Lastly, CUs are non-transferrable from one individual to another, or from a person to him or herself. If person X wants to transfer her car to person Y for an agreed-upon number of CUs, they both have to go to a Credit Unit Service Center, where an authorized employee adds the agreed-upon number of CUs to X's personal file and deletes that number from Y's personal file. The CUs are not transferred from X's file to Y's file. All property transfers are carried out in this way. Thus bribery and embezzlement are impossible. The book goes into much more detail regarding these procedures and it explains how the Credit Unit System would be implemented and how it would apply to other areas such as credit, retirement, the legal system, R&D, government, business entities, etc. It explains the 3 fatal flaws inherent to the monetary system and how the Credit Unit System eliminates them.
Graph paper notebook with 120 pages with 1/2 inch squares in a good sized 8.5 x 11 inch format ideal for graphs, composition books and notebooks. The notebook is perfect bound so that pages will not fall out. Part of the Notebook not Ebook series with cover design by "annumar" - "Today is a really good day" on a pink cover. Our notebooks all have a distinctive, colorful cover. To see our full range of notebooks and journals visit us at Spicyjournals.com.
This book is an attempt to make sense of over 40 years of Actual Money printing; and the ugly rise of Credit Money. This book notes that the Actual Money Supply doubles every ten years instead of growing with population growth giving rise to Inflation. In conclusion this book gives information as to where such Actual Money and Credit Money currently resides and where the excesses were. This book is written to give you, the reader, a general sense of what has happened to money in general.
Sports Stamps Articles
Sports Stamps Books