Post by commiczar on Sept 18, 2009 6:38:24 GMT 10
Greetings to All !!
Some MicroGovts have minted coins, and printed currencies, as
expressions of their Great State's, dedication to the evolution of
their "micro" *Dream*; i.e. a manner in which to mimic the "macro"
nations of the world.
Most, if not all, of these coins and currencies are more akin to the
"collector's" and/or "commemorative" series; which are meant to
be produced as products for retail / resale, and not utilized as any
form of exchange for goods and/ or services, as is the case for the
"macro" currencies and coins of the world.
This is to be expected, as the micronations of the world have yet
to emerge into any economic force ( independently or collectively );
and as such, micronational coins and currencies will remain more
"commercial" products, and not "instruments" of commerce / trade
/ barter for the time being.
However, to those MicroGovts that are presently, or have, utilized
their coins and currencies to any degree, as a monetary means of
exchange for goods and/or services.......what is the *backing* for
your coins and currencies ?
( *state support system / standard of safe, sure & secure exchange* )
The "gold" and "silver" standards in the USA have been officially
replaced with the "faith" system / standard; which puts one's own
faith in the belief that the US coins and currencies have value and
worth, and will be accepted as a universal instrument / tool for
trade / exchange / barter...in public and private.
SOooooo......
If-and when any MicroGovt ever attempts to utilize it's coins and
currencies as more than a "retail / resale product" ( collector /
commemorative ), and as an instrument of trade within it's own
borders.....will you have to embrace the "faith" system / standard
as most major "macro" nations of the world have already committed
to; or instead, do you have a standard / system that will support
( "back" ) your MicroGovt's coins and currencies ?
Due to the nature of micronations, with regards to each MicroGovt's
authority and economic strengths, some micronations could take
advantage of personal assets as a means of establishing some
sort of currency / coinage standard-system to support trade and
commerce.
i.e. Self "mortgage" ( pledge ) one's holdings in silver, gold, gems,
and any other items of appraised value and worth; thereby, being
in a position to "prop-up" commerce / trade / barter within one's
own borders.
At "the end of the day" ( month, or year, etc ) convert ( i.e. "ca$h-in" )
some, or all, of the aquired coins and currencies; and then set the
scales back to "even" ( 0 ). ( like banks / casinos / loans / etc )
Of course, it goes without having said, an economic-infrastructure
would have to be put into place; however, simple accounting and
bookkeeping principles could regulate the accounts; or, one *may*
seek to "out-source" said financial affairs to a "foreign" ( "macro" )
financial accounting firm, or even purchase a home / office computer
accounting program / system.
Regards to All !!
______________
P.S.
In times past, some of the Imperium's commercial operations
have sold and/or given Imperial Coinage & Currencies series i.e.
( "tokens"/"Discount Dollars"/"Credit Currencies"/"Bonus Bucks" )
to customers; who would use these mediums of exchange in their
future purchases. ( bookkeeping adds & subtracts accordingly )
____________________________________________________
Some MicroGovts have minted coins, and printed currencies, as
expressions of their Great State's, dedication to the evolution of
their "micro" *Dream*; i.e. a manner in which to mimic the "macro"
nations of the world.
Most, if not all, of these coins and currencies are more akin to the
"collector's" and/or "commemorative" series; which are meant to
be produced as products for retail / resale, and not utilized as any
form of exchange for goods and/ or services, as is the case for the
"macro" currencies and coins of the world.
This is to be expected, as the micronations of the world have yet
to emerge into any economic force ( independently or collectively );
and as such, micronational coins and currencies will remain more
"commercial" products, and not "instruments" of commerce / trade
/ barter for the time being.
However, to those MicroGovts that are presently, or have, utilized
their coins and currencies to any degree, as a monetary means of
exchange for goods and/or services.......what is the *backing* for
your coins and currencies ?
( *state support system / standard of safe, sure & secure exchange* )
The "gold" and "silver" standards in the USA have been officially
replaced with the "faith" system / standard; which puts one's own
faith in the belief that the US coins and currencies have value and
worth, and will be accepted as a universal instrument / tool for
trade / exchange / barter...in public and private.
SOooooo......
If-and when any MicroGovt ever attempts to utilize it's coins and
currencies as more than a "retail / resale product" ( collector /
commemorative ), and as an instrument of trade within it's own
borders.....will you have to embrace the "faith" system / standard
as most major "macro" nations of the world have already committed
to; or instead, do you have a standard / system that will support
( "back" ) your MicroGovt's coins and currencies ?
Due to the nature of micronations, with regards to each MicroGovt's
authority and economic strengths, some micronations could take
advantage of personal assets as a means of establishing some
sort of currency / coinage standard-system to support trade and
commerce.
i.e. Self "mortgage" ( pledge ) one's holdings in silver, gold, gems,
and any other items of appraised value and worth; thereby, being
in a position to "prop-up" commerce / trade / barter within one's
own borders.
At "the end of the day" ( month, or year, etc ) convert ( i.e. "ca$h-in" )
some, or all, of the aquired coins and currencies; and then set the
scales back to "even" ( 0 ). ( like banks / casinos / loans / etc )
Of course, it goes without having said, an economic-infrastructure
would have to be put into place; however, simple accounting and
bookkeeping principles could regulate the accounts; or, one *may*
seek to "out-source" said financial affairs to a "foreign" ( "macro" )
financial accounting firm, or even purchase a home / office computer
accounting program / system.
Regards to All !!
______________
P.S.
In times past, some of the Imperium's commercial operations
have sold and/or given Imperial Coinage & Currencies series i.e.
( "tokens"/"Discount Dollars"/"Credit Currencies"/"Bonus Bucks" )
to customers; who would use these mediums of exchange in their
future purchases. ( bookkeeping adds & subtracts accordingly )
____________________________________________________