INFO: Currency

Nov 30, 2008 11:47

starborn_scribe brought up a good point, and an interesting approach to currency ( Read more... )

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sinanju December 1 2008, 02:42:30 UTC
I imagine that there is kind of scrip (paper "money" issued by the authorities) in circulation, probably with a list of fixed standard prices (in the "Manufacturer's Suggested Retail Price" fashion. They're not mandatory, they just provide a place from which individuals can start bargaining. Too much scrip and you get runaway inflation and the scrip becomes useless; too little scrip, and barter is the only way things get done. It's a real balancing act for the Powers That Be (and probably one of the things Dr. Weir has to spend a lot of time thinking about ( ... )

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