To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.
The euro is not a currency. It is a political weapon to force countries to implement the policies decided by the E.U. and keep them on a leash.
People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do you make. When really, what it is is an API for programmable cash transactions.
This is what the European Union is all about. A strong market with a strong currency.
With superheroes and comics and fantasy and sci-fi being absolutely the popular currency in cinema, it's like people have said in endless magazines, it's the revenge of the geeks and all that. There's some truth in that.
Credits in your PayPal account are really just USD-backed - they are not a unique currency themselves. Other 'digital currencies,' such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money.
A single currency entails a fixed interest rate, which means countries can't manage their own currency to suit their own needs. You need a variety of institutions to help nations for which the policies aren't well suited. Europe introduced the euro without providing those structures.
From the ages of 12 to 35 my body, not my mind, was my primary currency. My ideas, my humor, my curiosity - none of those were valued as much as my body, which preceded me into almost every room.
A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft.
Say 'Toronto' or 'Ontario,' and the immediate thought associations are with a somewhat blander version of North America: a United States with a welfare regime and a more polite street etiquette, and the additionally reassuring visage of Queen Elizabeth on the currency.
Many have wondered if Greece's economy would get so bad that it would eventually break away from the Eurozone - a move that could encourage other countries to follow and therefore splinter the currency union.
Mitt - what I speak to Mitt Romney about is jobs. What I speak to Mitt Romney about is China, because he's got a great view on China and how they're trying to destroy our country by taking our jobs and making our product and manipulating their currency, so that it makes it almost impossible for our companies to compete.
The diversity of Europe is its strength. But for a single currency to work, over a region with enormous economic and political diversity, is not easy.
On the Internet, inside information is currency, and there will always be counterfeiters among us.
