Category Archives: X Archive

In Currency We Trust P1. Although people don’t often think about it, communities are based on trust. While driving down the highway, everyone driving trusts each other, to some degree, not to cause an accident. Although this trust is based … Continue reading →

The Value of Money All across the globe money is constantly being exchanged for goods, services, resources, and much more.  The world is made up of all different types of currency, like the United States with the dollar and Japan … Continue reading →

Faith in an Unreal System P1. Mediums of exchange have been used to manipulate wealth since the earliest civilizations. Mediums of Exchange have influenced survival, dictated lifestyle, and determined the worth of everything. Mediums of exchange used relies solely on … Continue reading →

Acceptance of Money P1. It is said that money does not grow on trees, yet after reading Milton Friedman’s paper “The Island of Stone Money,” I no longer know what to believe. In his paper, Friedman spoke of an island in Micronesia … Continue reading →

The Intrinsic Value of Money P.1. What is the value of money? When you think about it, money really has no value. As Americans, we started out with exchanging goods, to gold, to paper money, and now we are exchanging … Continue reading →

Determining the Value of Money P1. In every society, material needs to have value in order to trade for more possessions. After all, we don’t carry our possessions with us at all times. This is why money was created by the inhabitants … Continue reading →

Infinite and Equal P1. An infinite amount of one-dollar bills is equal to an infinite amount of one-hundred dollar bills. As a society, as a world, we are made to believe that a small piece of paper with a number … Continue reading →

How Paper is Heavier than Metal: The Strange Concept that is Money p1. Everyday we as people use or see money in some way shape or form. whether it be in actual paper notes or the more obtuse forms such … Continue reading →