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commodity currency

economics

Money, Money, Money

A longer-than-fits-in-the-margin response to a comment on the last post: How do you make money, the symbol of exchange-value, properly match the actuality of exchange-value? Have a fully backed currency (eg gold) and do really nasty things to anyone who so much as thinks of the possibility of maybe theoretically

Feb 24, 2019

trope-a-day

Trope-a-Day: Worthless Yellow Rocks

Worthless Yellow Rocks: Oh, yeah. Starting with gold itself, whose rarity went the way of the dodo shortly after asteroid mining was developed, and whose price is of a similar order to Earth’s prices for iron, if not actually less. (Which is to say, if it didn’t wear

Mar 5, 2016

worldbuilding

Imperial Currency

So, some thoughts to answer a comment I received a while back on a Trope-a-Day: Hmm, so the Libertarian Spess Elves have a fiat currency. That’s interesting to learn and I’m curious to find out some more about how that came about down the line. Well, first, it’

Aug 15, 2011
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The Associated Worlds

...building civilizations with my space elves in space.