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Currency (view source)

Revision as of 02:43, December 21, 2025

108 bytes added ,  02:43, December 21, 2025
Government control of currency enables it to steal from the people and future generations by inflation.
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More specifically, currency is something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange, paper money in circulation, or a common article for bartering.<ref>http://www.m-w.com/cgi-bin/dictionary?va=currency</ref>
 
More specifically, currency is something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange, paper money in circulation, or a common article for bartering.<ref>http://www.m-w.com/cgi-bin/dictionary?va=currency</ref>
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The [[Technological Development|invention]] of currency allowed civilization to advance beyond the barter system.
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The [[Technological Development|invention]] of currency allowed civilization to advance beyond the barter system. Government control of currency enables it to steal from the people and future generations by [[inflation]].
    
==Seigniorage==
 
==Seigniorage==
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