Investigar Que Es Dinero De Curso Legal

Investigar Que Es Dinero De Curso Legal

Certainly, I think it is necessary for the state to introduce legal tender, because it provides legal certainty, because in case of violation, I know that I will sue and, in our case, they will give me pesos that I can exchange for goods and services, since they are accepted as a means of payment on the market. However, it does not take anything away from Lanpsoibilidad that I pay someone with something else (car, well, jewelry). It is perfectly legal. It is also true that money did not create anyone and that it was born of a spontaneous order and that if at some point there was no more money, people would automatically look for another means of payment. “If we can reduce the amount of money circulating in banks and businesses, theft will also be reduced,” Marie Look, spokeswoman for the Bank Workers` Union, told the BBC website. “If we give up the money completely, there will be no more theft. What`s the point of robbing a bank if there`s nothing to take? ” he concludes. As Friederich A. Von Hayek states in his book “The Denationalization of Money”: What is very dangerous and should be avoided is not the privilege of the government to spend money, but that such privilege is exclusive and at the same time has the power to force people to use money and accept it at a price set by the issuer itself.

But inevitably, the state must distinguish a legal tender in society in order to facilitate negotiations. It is very difficult for the contracting parties to negotiate whether this or that type of “currency” is legal tender, the example of this is exchange, which is not widely used. I imagine that it is necessary to avoid capitalist society in order to use other types of money than legal tender, such as a prison, an autonomous community or isolated societies that do not. Are there examples of the use of non-legal means of payment? Is it worth considering it as one of the sweets they give you in the kiosk for more than negligible value? El Salvador was the first country to approve the use of Bitcoin as legal tender. The World Bank on Wednesday rejected a request for help from the government of El Salvador to introduce Bitcoin as legal tender. The issuance of money must clearly depend on an institution that does not depend on the state, but as happens in the United States. They belong only to the Federal Reserve. There should be a global currency. to govern the unions created to regulate the exchange rate of the currency.

It takes a true spirit of state to reduce public spending and explain to the public why. The real villains will not be those who pull the world out of the financial and economic abyss, but those who dragged us into this chaos in the first place: Keynesian economists, modern monetary theorists, socialists and, above all, ruthless politicians who swallowed the impossible siren songs of these charlatans and forced them into the public to buy votes. by promising the moon. Let us have the courage to demand the truth, however unpleasant it may be. The abolition of legal tender laws will set in motion the wheels of monetary and economic reform. It is true that the state has the power to impose on us the use of a “legal tender”, but I wonder: the fact that this mandatory tender currency exists creates confidence in it? (From my personal experience, I don`t know a single person who saves in this currency) Isn`t the excessive monetary issue the cause of our cumbersome inflation rates? If everyone had the freedom to exchange in the currency he wants, taking into account that it is not the presence of a monetary authority that determines confidence in a currency, there has been in recent years the creation of “unofficial” currencies such as virtual currencies: which can only be used for electronic transactions, and social currencies, are alternatives that are more similar to traditional legal tender because they are actually based on them. In short, in both cases, these are currencies that, outside of any monetary authority, attempt to hedge the counterpart of goods and services in places or situations where legal tender coins do not give them effectively. When we talk about legal tender, we are referring to the nature of money, by which its use as a means of payment is reinforced by laws, so that no one can refuse to accept the national currency as a means of payment in the national territory. In my opinion, the problem is not that it is the state that imposes the forced legal tender, but that, with excessive spending of the money supply, this leads to a devaluation of the currency – the same as that which is imposed – which manifests itself in an increase in the prices of goods and services. that this price increase in turn leads to an increase in public spending, which in turn spends more money to contain the imbalances that occur, thus creating an “inflationary spiral” (situation in which inflation rises mainly due to the same propagation mechanisms) If the law allows the use of a single legal tender as the only acceptable form of payment in a mandatory currency.

This is in contrast to countries where currency competition is allowed, either by accepting payments in foreign currencies from other countries or in other currencies. In short, I`m sure investing in physical gold and silver has to be long-term, but still, nobody likes obstacles, I think it`s better to reaccumulate metals when we have evidence that bankers are already liquidating these “shorts” because these bankers are cruelly treating the price of gold and silver. It seems that they want to inflict a lot of pain and as much fear as possible so that people forget about “gold and silver as real money” once and for all. The German economist Heinrich Ritterhausen (1898-1984), who predicted the Great Depression, was the first to discover in 1914 the link between the legal tender laws passed in 1909, the beginning of World War I and unprecedented unemployment. The law of legal tender gave the monetary authorities the possibility of increasing the circulation of money indefinitely. The mandatory offer bears the “legal tender currency” of the note or coin, but the legal tender may exist independently of the compulsory offer. Fiat money currently issued by the monetary authorities is legal tender because it is mandatory and in turn forced because it is not convertible into gold. Fiat money in the form of coins or banknotes is defined as money without intrinsic value declared by the government as legal tender and non-convertible. 1) Summary The reading to be analyzed aims to present theoretically the possibility of a global economy in which there is free exchange of currency and banking activities without hindrance.

Theoretically, this assumption requires that their value remain stable, since zero issuance allows interbank competition that results in a sum of money spent equal to that corresponding to existing demand.

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