Jump to content
Objectivism Online Forum

Search the Community

Showing results for tags 'usd'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Introductions and Local Forums
    • Introductions and Personal Notes
    • Local Forums
  • Philosophy
    • Questions about Objectivism
    • Metaphysics and Epistemology
    • Ethics
    • Political Philosophy
    • Aesthetics
  • Culture
    • Current Events
    • Books, Movies, Theatre, Lectures
    • Productivity
    • Intellectuals and the Media
  • Science and the Humanities
    • Science & Technology
    • Economics
    • History
    • Psychology and Self Improvement
  • Intellectual Activism and Study Groups
    • Activism for Reason, Rights, Reality
    • Study/Reading Groups
    • Marketplace
    • The Objectivism Meta-Blog Discussion
  • Miscellaneous Forums
    • Miscellaneous Topics
    • Recreation and The Good Life
    • Work, Careers and Money
    • School, College and Child development
    • The Critics of Objectivism
    • Debates
  • The Laboratory
    • Ask Jenni
    • Books to Mind – Stephen Boydstun
    • Dream Weaver's Allusions
    • The Objectivist Study Groups
    • Eiuol's Investigations
  • About Objectivism Online
    • Website Policy and Announcements
    • Help and Troubleshooting

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


MSN


Other Public-visible Contact Info


Skype


Jabber


Yahoo


ICQ


Website URL


AIM


Interests


Location


Interested in meeting


Chat Nick


Biography/Intro


Digg Nick


Experience with Objectivism


Real Name


School or University


Occupation


Member Title

Found 1 result

  1. http://edition.cnn.com/2014/07/02/business/is-a-cashless-society-on-the-cards/index.html?iid=article_sidebar An interesting article about the decline of paper currency in civilized society. One can surmise that the absolute end of physical paper/metal currency is not far off. The technology is now ubiquitous and the advantages are palpable. As I discussed in an earlier post, this has wider economic implications as it is the first step in greatly reducing or even eliminating a government's ability to harm anybody with currency inflation. If nobody actually carries any physical currency, then the whole of our liquid net worth--every last penny--is stored in computer memory somewhere, which can be rapidly manipulated and quickly traded out of any particular currency instantly and automatically, making the currency your savings is denominated essentially meaningless. The existence of this phenomenon would in turn make intentional currency inflation self-defeating for any government that tried it.
×
×
  • Create New...