SYSTEM OR MONEY-ore is possible?
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fundamental problem of old monetary systems in Poland and real money ore, was that it consisted of two components, usually of high denomination, usually in-minted gold coins and smaller casual for which material to produce them were silver .
basic problem with which the bi-money he encountered was different and unrelated with each course of prices of precious metals. Both metals drożały or got cheaper at a different pace and so the relationship of gold and silver prices were arranging for a quite long time as 1:8, then 1:12, 1:20 ... so how in this situation to maintain a coherent system?
There are two ways. First, the operation of the circulation of two separate monetary systems: butt [big]-golden, or rather the zloty, and a small [small] related to the rate of the silver metal, and they represent the current price-value. Such a system requires a bit of effort and active participation, to participate in tracking and conversion of their courses.
Much easier would be the second way in which big money and small would be made of an alloy of both metals, as it was done in ancient Greece.
state that the first return to the true monetary system will win, the price of their currencies to rise by perhaps several percent and may contribute to the wealth of a nation, the more that the number of gold, silver, precious stones, platinum and palladium on earth is limited.
Is Money
should be a strong force and weak my own weakness?
Money should be strong to its own strength and weak his own weakness. More specifically, the content of ore, and its price. Of course there are other reasons affecting the price of money and the demand for it, and you can divide them into two groups: subjective reasons for the price of money, and objective. Similarly, his assessment of the internal and external market. Among them, some are deliberate acts such as buying large quantities of gold in the market or rates by central banks and governments, so-called authoritative expression in this way forming a sense of optimism or panic in the market, the subjective opinions of individuals, or the intentions of choice when it will convert the currency for the goods or save money and keep it for example in banks.
Now in times when money is only a few per cent coverage in other freely convertible currency or gold, subjective views, and conscious manipulation can have a significant impact on the sense of uncertainty and panic, and the associated decline in the value of money.
Depending on the time value may look different, let's say, for example, A. Tynf knocking out his well-known money with only about forty percent of its real value has become a symbol of monetary fraud, and for a long time, but when Mr. Grabski, Rybarski, and probably prez. Woyciechowski returned to the issue of the Polish currency, after years of interruption, they believed cool as when and how we think today we had the money at the beginning of thirty percent of the cover in gold and convertible currencies,
today is the true dream because it is difficult to find a country that has such a "heavy "money.
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