Why the coins in precious metal are not the useful answer ???

( I will sell  these coins early February   !!!)

Take a look on the picture, on these 3 kopeks coins, in copper minted between 1842 (left) and 1906 (Right) ….

Look the size decreased, and think the true value of a coin in precious metal is clearly not guaranteed !!!!

How it would work for a State ?

Nowadays,  Western States  need help from  private bankers as well as they need support from  politicians ….  Private bankers create money out of nothing and with that, help politicians be elected with social programs paid by money that doesn’t even exist …. Fractional reserve banking is a massive robbery !!!

How it would work for a State using "outsourced resources banking" ?? To be honest, no very different ..

Cash (banknotes and coins) will remain rare in circulation and a type of private banks would create exchanges and new wealth, by managing local assets and creating ad hoc  units of accounts… Once the wealth created, it would have a value in the national currency !!!! and could be included in the national production. 

Instead of creating money by the word "consumption" , they could create money by the word "project".

A world without money ???

I think the current global financial crisis is ONLY a social crisis.  Money could be a tool to manage social links, but the current banking system is, by essence, unfair and is creating a huge gap between rich and poor people.

An asset has a value, but money is only a medium of exchange.

 So, the main mission of the banking system should be focused on the exchanges needed to create new wealth .  National currencies have lost their credibility during the last years, because of the incestuous relationship between the States and the  private banks …. Gold and Silver are both assets and currencies, but are not enough in quantity available ….

I believe the future is  wide open for  private or local currencies …, which can create a positive social momentum. 

Who own an asset can create money !!!!

Several centuries ago, the goldsmith could create paper money based on gold because he kept an amount of gold…. So, once you have an asset, you can create money  !!!

But, the goldsmith had created also paper money not backed by gold. 

 Why ???  because several centuries ago, gold and silver were the only two commodities universally accepted ….. So, they have imagined "fake gold" to get more credits !!!!!  Nowadays, with Gold, oil, fiat currencies, “money - like” and complementary currencies,  we can accept many guarantees for payment.

Money doesn't need to have an intrinsic value , but only a strong guarantee to be accepted ! Cash (coins and notes)  is still accepted worldwide , because cash is rare !!! but once a currency collapses, even the cash is worthless.