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Posts: 435 | Thanked: 197 times | Joined on Feb 2010
#399
Originally Posted by smoku View Post
1. Which monetary system are you referring to?
Do you know that there is more than one monetary system?

2. Free Market is about voluntary exchange of goods. You can have it without monetary system in use at all.

3. And your ethics example... If you try broadening your perspective and think about it again, you will see how deeply flawed it is.
1. There is only one monetary system in existence in our current world. I hope you don't mean there are different currencies... As defned: "A monetary system is anything that is accepted as a standard of value and measure of wealth in a particular region." I suggest you take a look at the following:
http://en.wikipedia.org/wiki/Monetary_system
As you would understand there are technically only two "types" of monetary system, as one has been abolish many many years ago.

2. Would I be mistaken if I think you are making reference to Free Trade? If that the case then you must be talking about Barter. Again, take a look at:
http://en.wikipedia.org/wiki/Barter

3. If you could take two minutes of your time (which I would personally appreciate), this is what I meant to say:
http://www.youtube.com/watch?v=1W_P_30b9jY

I know I copy a lot of links but I just don't feel like writing a book here, lol.