 | Ämne: New Blog Post from Becoming Financially Savvy - 'When Money Dies...' ***********************************************************
Gold Webinar Details for tonight at 8pm GMT:
http://www.facebook.com/l/ed5ae3KbYG4P7He2eqmBt6FKTGw;https://my.dimdim.com/butterflywealthcreation and you can register for the event now!
I thank you for your interest in advance, and I hope to see you on the Gold webinar tonight!
***********************************************************
When Money Dies...
There is a beginning and an end with anything and everything in life! An alpha and an omega! So with that being said and accepted as fact, could money as we know it die? And with it our relationship to how we see it, spend it, save it and exchange it for goods and services?
There are three fundamentals a currency needs to function as money 1. It needs to act as a store of value; 2. A unit of account; and 3. A medium of exchange. At the present moment element 1. Is continuously decreasing due to the effects of inflation; and of course the second two are still valid; as our currency is still categorised as a unit of account and a medium of exchange in goods and services. However, it does not rule out the possibility that our current global currencies could die.
Throughout world history many currencies have come and gone; in fact, absolutely no currencies from ancient history have survived and as time goes on, the duration currencies survive continues to get shorter and shorter. The euro, for example, is eight years old and is currently having to be propped up by the EU to keep it going. How much longer can the EU do this; particular the stronger EU nations such as Germany and France? And if one takes into consideration that the average life span of a currency presently stands at 30 years, how much longer will or even, can the Euro last?
To read the rest of the blog post please go to http://www.facebook.com/l/ed5aej670WXMenvWS4-dq_tuezw;BecomingFinanciallySavvy.com/moneydies
Best,
Lavinia Osbourne
Butterfly Wealth Creation
http://www.facebook.com/l/ed5aetiiHF7r_fCS9qSAhAbeOPA;ButterflyWealthCreation.com
Skype: MsInternational76 |
No comments:
Post a Comment