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United States
I'm informing readers that video games and politics are what I follow. I follow up on new video games and hope that oppressed peoples will secede from the U.S. Yankee Empire. I'm a big fan of the Wii U Gamepad style controls as I own a Nintendo 64, PlayStation 2, Xbox 360, PlayStation 3, and Wii U with plans on owning a PlayStation 4 by receiving it for Christmas.

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Sunday, April 22, 2012

Currency in the New Confederate States of America

The currency of the new Confederate States of America should be measured by amount of precious metals. The list of precious metals from highest to lowest worth are:
  • Platinum
  • Rhodium
  • Gold
  • Iridium
  • Osmium
  • Palladium
  • Rhenium
  • Germanium
  • Beryllium
  • Silver
  • Gallium
  • Indium
  • Tellurium
  • Mercury
  • Bismuth
These precious metals will be called bullion, & their worth will be dependent on market value such as laws of supply & demand. Precious bullion is difficult to counterfeit & won't lose value. Minting coins & certifricates will be provided by free markets though since the Federal government will have matters over currency, the federal government has the power to regulate minting of coinage since it also has the power to punish counterfeiters.

The new Confederate States of America won't have an official currency but rather precious metals will be the new currency & their worth is based on market value, not government & central banks. This will make money more sound & void of any risks associated with government monopolies on currency.

The main currency legal tenders will be primarily Gold & Silver. No paper money is worth anything. Of course, there will be such thing as Gold & Silver certificates that might be made from paper but promise their redeemability for Gold & Silver in that amount. Greenbacks are worthless & easy to lose value & be counterfeited.

The best metals that should be used are Platinum, Gold, Silver, & Copper. The US dollar is made into $1,$5,$10,$20,$50, & $100 bills along with pennies(1c),nickles(5c),dimes(10c),& quarters(25c).

If gasoline costs around $4 a gallon & one silver coin could by 11 gallons of gasoline, then that silver coin would be worth $44.

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