able to impress it too many other interests, influence its value. The inflationary problems of currency in circulation, infinite and uncovered emission requires an immediate redesign of its current form the of the entire financial system. The modern money (like the anciant one) is essentially a agreement between people’s trust
In physical reality not but it has a symbolic value, as a value only gives it the confidence of the people (not convertible into other assets, the assets can only be used to convey, as opposed to funds used in the past).
The money is mostly historically precious metals, silver or gold were, which had its own value.
The former is based on a system of cash equivalents was the financial institutions and the state is the guarantee that the bank notes convertible into precious metals. This is the gold standard system in the world what was so popular pretty much everywhere, longest in the United States survived until 1971, (Richard Nixon’s Presidency).
- Reliability and fair business Spirit
- Openness and Training
- Innovation and Know-How
- Efficiency and Performance Orientation
- Independence and Flexibility
- Team spirit
- Acceleration of growth in Europe
- More effective european operation