mercedo said...
We have a point system, a shop gives us points that can convert into money to buy goods at the shop that issued and also it has expiration date. This is a new currency.Regional currencies are only valid in each country. This is a metro money in a sense. In recession we start thinking protectionist views as block economy and it led to war in the past. Plus don't forget the Gresham's law - bad money drives out good. Money plays an important role on medium of exchange only because it has fair values. You see a point system, metro money, and block economy - all are against the spirit of Gresham's law.
January 1, 2009 8:26 AM