online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
No download needed!
What is Simcountry?
Beginners Info
What is Simcountry?

Social Security index (Fearless Blue)

Simcountry: Simcountry Bulletin Board  Social Security index (Fearless Blue)

The Shiekh (Fearless Blue)

Wednesday, April 13, 2005 - 08:13 pm Click here to edit this post
Money is merely a number, it has no intrinsic value. One of the best examples of this is international exchange rates. Currencies fluctuate in "relative worth" over time at the whim of currency speculators and by the paper tigers (can be defeated relatively easily) who wield capital.

For example, Mcdonalds would have loved to open a string of "restaurants" in Iraq while Saddam was in power. Mcdonalds had the money, but lacked the neccessary capital: Mcdonalds had deep friers, procedural manuals, and the slick advertising to seduce children coming out of their ears, but they lacked one key ingredient, permission. Mcdonalds had money but it was worthless in Iraq, it couldn't buy them capital.

People work in sweatshops in asia making footware for 20c an hour because exchange rates say their currency is worth such and such. It is the exchange rate that makes these people poor, not their industriousness.

Simcountry Introduction