Money as the medium of exchange.
By visvambhari
@visvambhari (200)
India
April 8, 2007 8:26am CST
Hi! Around the world money is used as the medium of exchnge.
I feel there are many long term problems because of money.
1.Inflation, deflation,recession are the problems coming because of money.
2.criminal activities like keeping black money,printing notes,Bribes {Easy to accept},Robbery are also easy if money is used as medium.
3.After you earn some money you get interest.suppose if you save say 10 lakhs of rupees then you deposit in a bank it keeps on increasing.
In this way the rich are getting richer and poor people are getting poorer.
so i feel Barter system have to be encouraged. especially in exports and imports.
I am not a communist but definitely some sort of imbalance is created because of money.Is there any other thing better than Money especially 'cash'.
can you think of something better than Cheques or credit cards?
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