Posts Tagged ‘monetary system’

Help me . I don’t understand this question .?


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This is reading comprehension question .

Barter refers to a form of trade in which goods or services are directly exchanged without the use of any medium of exchange, such as money or other currency. Barter is an ancient form of economic exchange that is primarily used in societies where no monetary system exists . However , It can be found to coexist in money-based societies , although it is rarely widespread . Examples of barter in the present -day United States include organizations that facilitate the exchange of services , as well as internet communities that trade items without the use of money. Since the participants in a barter economy directly define the value of things , barter ____________________________

a) can be found in economies suffering from highly unstable currencies
b) can override the market and cause weak economies to decline
c) can prevent developing nations from reaching their full potential
d) can lead to the growth of a multitude economic structure

What is correct answer and why that could be correct ? please .. pleaseplease explain for me .. I’m stuck . it’s way too difficult for me .
and sorry .. b is not correct

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Is all the stories about the U.S dollar becoming worthless true or is that just some more propaganda?


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I know that 1 Euro is equal to .55 USD now. Our monetary system is supposed to be the strongest in the world. I just don’t understand what’s going on here. People keep saying that the dollar is loosing its value because of all the all the new money that the B.E.P. is printing but on the other side of the coin (No Pun intended) The B.E.P. is destroying millions of dollars of old currency each day.
I personally am not worried if the U.S. does actually become worthless because I’ll just start growing my own food and start living off the grid. I’m not a “Tree Hugger” but I’m not going to let it get me down and depressed so “Big Pharma” can sell more antidepressants. Call me crazy but I think we need to start bartering and trading again like the settlers did when they first got off the Mayflower.

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Are all the stories about the U.S dollar becoming worthless true or is that just some more propaganda?


 Powered by Max Banner Ads 

I know that 1 Euro is equal to .55 USD now. Our monetary system is supposed to be the strongest in the world. I just don’t understand what’s going on here. People keep saying that the dollar is loosing its value because of all the all the new money that the B.E.P. is printing but on the other side of the coin (No Pun intended) The B.E.P. is destroying millions of dollars of old currency each day.
I personally am not worried if the U.S dollar does actually become worthless because I’ll just start growing my own food and start living off the grid. I’m not a “Tree Hugger” but I’m not going to let it get me down and depressed so “Big Pharma” can sell more antidepressants. Call me crazy but I think we need to start bartering and trading like the settlers did when they first got off the Mayflower.

 Mail this post

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