Currency

[belovelife]

i submit that we make a new world wide currency

one that unites all nations and consideres each nations currency equivelent to our new system

based on this theory, every child gets an allowance

every adult gets an allowance

and the pay scale is upgraded in relationship to the amount of education, community involvment, moral judgment, and trade skill

 

now to start this, we'll call it the universal credit

where one universal credit buys one unit of food

where the unit of food would be

10kg of rice

 

10 universal credits buys a video game

 

100 universal credits buys a bycicle

 

a one k universal credit buys an electric car (metric)

 

etc.

 

anyone think this is a good idea

if so, add an item and how many universal credits you think it should cost

 

the universal credit symbol will be a peace sign

 

and 50cUC would buy a chocolate bar:)

[belovelife]

so currency tradin value would be the cost of rice with a cap on how much you can trade in at one point in time

[Theory5]

now to start this, we'll call it the universal credit

where one universal credit buys one unit of food

where the unit of food would be

10kg of rice

 

10 universal credits buys a video game

 

100 universal credits buys a bycicle

 

a one k universal credit buys an electric car (metric)

 

etc.

What if you dont like rice? :)

Sounds like you are jumping all over the place here. It is a great idea to make a common form of currency, but it would cost a bunch to print a circulate an entirely new form of currency. Who would distribute it, regulate it? How long would it take to take all the other forms of money out of circulation?

What would the currency be based on? Gold like the US dollar is (was)? Or food? How can you buy 5kg's of rice?

Don't get me wrong, it is a good idea, you just need to plan it out a little bit more.

 

so currency tradin value would be the cost of rice with a cap on how much you can trade in at one point in time

 

A limit on how much you can trade? What point would that be? That would only allow more control over the people. There would be no point to it. Suppose you live in some tiny settlement in Russia, and you only go into town a couple times a year?

[dianamonte03]

As a forex trader for almost three years, it is also my constant wish to have an all-in-one forex auto trading system. I am sure some brilliant minds can think of a way to make that system possible. Also, an international one-stop-forex trading website will be much appreciated.