Network for the Environment and Social (Human) Security

Posts Tagged "Monetary System"

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Limits of Money

Posted by on Mar 11, 2011 in Sustainability | 3 comments

Limits of Money

Just like in real life, things are coming an going in waves. The water builds up and at the highest point it breaks and declines. This is true for most situations in life. And this wave is also to be seen in history. Mighty empires have emerged and have vanished, and their Monetary System (1) collapsed as well. Not necessarily the economy, only the money (tary) system. In North-America, the immigrants issued their own money to be independent from the money of the motherland England. The...

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