Value Of Currency Essay

1922 Words8 Pages

In all, 180 currencies are being used worldwide. What if currency was no longer enforced, and a different method of buying, selling, and exchanging was put in its place? This would alter the people of societies live’s drastically, but is a new system better than what this country has used since 40,000 years ago? I believe that currency is essential to all parts of life and should be kept, since using currency is easier for managing time. Currency gives everyone a similarity; we all use it, and selling or buying with currency brings many cultures together.
Currency is the best system to use, since others systems are too time-consuming, such as trading, because time spent trading is time spent bickering. It takes too long to get anything accomplished. Trading is also a problem when you are trading something the other person …show more content…

But as it turns out, he doesn’t need shoes at the moment. You’re out of luck unless you can find another baker- one who happens to be short of footwear-nearby.” This supports my claim since it shows that more effort is being put forth, and more time is being spent trying to get the bread. This is the case in reality as well. On top of that, the people trading would not know the full value of something, so you could be making a very unfair trade. At least with currency, our country can put a price on things and not meander into the unknown. Trading with countries would also be harder and more time-consuming, since, according to the article “9 Disadvantages Of International Trade”, “Dependence on foreign goods creates difficulty in time of war when the country is cut off by enemy action.” This would not happen with currency if the United States were to go to war. We would take money from the government and then buy the materials our country needs without a problem. No time period would be spent without what we need. In addition, the

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