Would the world be a better place if it were able to share the same currency? Would it benefit the masses? Honestly, that answer has to be no. The chances of the entire world using the same currency will never have a chance to exist, let’s understand why.

The utmost important factor in argument against sharing a world-wide common monetary unit regardless what that monetary unit might be called, hinges upon one common and certain fact. The loss of each country’s ability to wage war. To begin, all countries would have to be losing their economies at the same time. And from this point forward if a common currency were put into place, each country would lose the ability to create war upon another nation…

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Defining inflation is the slow and on-going price increase of commodities, goods and services observed over a long period of time that reflects rising annual costs for manufactures and consumers. Inflation can be created using two different scenarios. On one hand we can use the quality theory of inflation to determine how inflation is created. On the other hand we can use the quantity theory of inflation to explain it.

To explain the quality theory of inflation we see it as founded upon the belief that a currency being used is acceptable and capable of being traded for goods and services, but also is beneficial to the buyer. However explaining how the quantity theory of inflation works is associated to the aspect of currency. This theory actually takes into account the currency’s supply and demand aspects as well as its nominal value of exchange.

Inflation will create many effects upon an economy both good and bad…

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Sound money should be the only acceptable means of payment or credit used during these insane times when all major countries are fighting to survive with “record setting” government debts. Governments must all revert back to a sound money system to regain fiscal control over their spending habits or face losing everything.

Money – The Beginning
In the distant past, man used bartering and trading as acceptable forms of payment for goods and services. Many items traded included sea shells, salt, tobacco, herd animals, beaded belts, gem stones and gold. This worked well at the time, however there needed to be a better more convenient way to make transactions.
Coins became the first answer to make the exchange of goods and services more convenient. In 600 B.C. the first minted coins appeared, they were minted from an alloy called electrum. This was a combination of gold and silver. Each coin had a specific weight of 4.7 grams and acted as a medium of exchange, division of payment and was also capable of maintaining its value. From the time coins were first minted they gained popularity becoming the best form of money all the way into modern times.

What is Sound Money
In 400 B.C. Aristotle defined what sound money was and what characteristics were necessary to insure sound money. He said that sound money must incorporate all 7 of the following properties…

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Inflation is a serious problem that will affect any society overtime. Serious monetary stresses are created that will affect the most basic of needs such as food for your family to eat, fuel for your car or medicine to keep you alive. Inflation makes the prices you pay increase on the exact same products or services you were buying or using before. Most people will realize these price increases as they reflect on what these items had cost them only 1-2 years ago. Why?
Inflation is created by directly increasing the money supply in an economy. When this happens it creates a watering down affect on the money supply. If you take newly created dollars and add them to the economies money supply, along with all the other dollars that were already there, we get the total money supply…


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The Federal Reserve is one of the largest problems facing America today. The one question many people ask is what does a Federal Government Bank have to do with our nation's problems? For starters it is Federal in name only.
The Federal Reserve Bank is not part of the US Government. It is actually a privately owned corporation and international bank that was created by Congress in 1913. The passage of the 16th amendment was passed rather shadily, and according to some, illegally. Furthermore it was given the exclusive rights to "print money" for the U.S. Government by Congress, during the Christmas break in 1913 when most of the representatives were on vacation.
Before the creation of the Federal Reserve the power and responsibility to print our nation’s money was done by the Congress of the United States. Sadly since the time when the Federal Reserve was given the power to operate the printing press, the people of America have continually been charged interest on every dollar ever printed…

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