Alternative to Money
Suppose you were tasked with coming up with some ideas of a new economic model. You don’t have to go into depth with the intricacies, just brainstorm.
Would you be able to devise an efficient alternative to the monetary system that could work on a scale such as the one currently in effect?
What would be some pros and cons to this new system of exchange?
1
point
"efficient alternative to the monetary system that could work on a scale such as the one currently in effect?" Bartering would not work on a scale that the monetary system currently opperates in. Think about the volume of goods being exchanged, international trade, compensation for employment, the fact that 95% of the fiat currency in circulation exists only electronically... |