In today’s world anything can be made into currency since all it has to be is printed. Then the challenge is go get others to value it. Since no modern currency has anything hard backing it, just making a fiat currency shouldn’t be that hard. The hard part, as I said, is to get others to value it.
Astute. But we’re doing the same thing here with the overprinting of money. The dollar bill represents something. So if you print another dollar bill to represent the same thing you can’t do that because for the worth part of it, it already is there. Therefore that bill only shares the representation of the worth and is only worth half of it’s appeared value. It’s part of inflation because for every dollar they print they don’t destroy its twin brother/sister to balance the books. Therefore that newly printed currency has no worth until it steals it from something. By creating a new currency, what are they going to use to back the paper? Still can’t buy things on good looks. Might be able to sell it, but not buy it.
And as long as people are stupid enough not to add one plus one, they lack the common sense not to protect themselves. Bingo! A scam! Barnum wasn’t wrong.
wy69