[quote=afx114][quote=markmax33]It has been the default currency almost every time the others have failed because it is small and easy to carry and transfer between people.[/quote]
Actually, gold has been historically used as currency not because it is “small and easy to carry” but because of chemistry. Iron and Helium are small and easy to carry, but we don’t use those. Most elements on the periodic table are unsuitable because they are gasses, reactive (Sodium blows up when wet, Iron rusts), radioactive (your money would slowly disappear and you would die from it.. lets call it “radioactive deflation”), too rare (Irridium, Rhenium), or undiscovered in the ancient world (Palladium, Rhodium, Platinum). That leaves us with Silver and Gold. Silver of course tarnishes, so Gold wins by default. There can be no physical currency besides Gold… chemistry demands it!
SCIENCE![/quote]
By golly, you’re a genius… What the U.S. government needs to do is invent a time based currency… It starts to exponentially decay the moment it leaves the banks and ends up in the hands of people. If you don’t use it, it starts to decay…Don’t use it for a few days…it turns into ashes…..That’s how our government can stimulate growth here in the U.S.A….Forcing people to spend their dollars the moment they get them…