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Currency the Beginning the Present and the FutureMoney - in the traditional sense no longer exists It died two decades ago when Richard Nixon forever abolished the gold standard Since then money as we once knew it has been replaced by an unstable new global medium of exchange that is called megabyte money megabyte money is a threat not only to our countrys long-term growth and prosperity but to the individual as well- Joel Kurtzman The Death Of Money 1993 Economy when it was first started was a seedling in a field Poor and helpless to the environment As this seedling grows it becomes stronger and greater as a whole The great Red Oak that the we as mankind has let it grow up to be is one of the greatest powers driving this planet This Tree has become the nations immense forest and the forest keeps on growing with no end in sight The thing that makes the economic tree so great is currency As America moves into the twenty firsts century at a rapid pace the currency and economy is moving right along with it As technology advances more and more the way that Americans pay for things has also changed Americans are carrying less and less cash to the stores but more credit cards and checks The latest innovation that has come out is the smart chip But is all this technology going to be the doom of civilization In this paper the history the present and the future of money will be toldIn the Beginning the barter was the only way to exchange goods The barter system is the exchange of resources or services for mutual advantage and may date back to the beginning of humankind Some would even argue that its not purely a human activity plants and animals have been bartering for millions of years This means that plants and animals have been know to help each other
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