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Showing posts with the label standard currency

Just my thoughts #0600

The universe we live in is empty mainly in terms of matter density. The protons and neutrons that constitute matter are called baryons, and approximately one proton exists in a space of 19.8 square meters. However, when the universe expands rapidly, the cosmic background radiation, known as a photon, is produced, resulting in two billion more photons in a grain of light. Since this light is a microwave, which has low energy and a long wavelength, it cannot be seen by the human eye. Therefore, humans, who only perceive visible light, consider the universe and the night sky to be dark. If there were aliens capable of seeing microwaves, the universe would be shining very brightly. The truth is that nothing has changed, but if the standards shift, it’s an entirely different story. - Joseph’s “just my thoughts”

Just my thoughts #0361

Money is largely divided into two categories: Standard Currency and Fiat Currency. Standard Currency’s value is tied to real goods, while Fiat Currency relies on legal enforcement for its value exchange. Standard Currency is termed convertible gold if it can be exchanged for gold and convertible silver if it can be exchanged for silver. However, for any currency to be created and circulated in the market, bonds must exist first. When the government issues Fiat Currency and distributes it, the central bank lends money to commercial banks; this process is effectively a loan. A loan is legally recognized as a bond and represents a debt that must be repaid. Without debt existing in the world, money cannot circulate. The government manages the economy by adjusting the money supply in the market, either by collecting or lending more of these loans. Many people aspire to make money, but few truly understand what money is. - Joseph’s “just my thoughts”