Gold, Silver, and Paper. What is Money | New Hampshire Free Press

Mar 29, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

To understand the current crisis, it is necessary to understand what money is, how it is created, and how the supply of money affects the prices of goods and services. While I am not an economist, I do play one on the internet, so I thought I would … Paper, if the government doesn’t get involved, can be a wonderful facilitator of exchange, but inflates badly leading to a crash when the government steps in. What’s in YOUR wallet? Sean Murphy blogs at Destroy the Ring. …

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