The Value of Currency

Money and how we use it changes with the times. From trading items to trading items with no real value but giving them value. Money, as we know it, has no inherent value. The only value is what we assign to it, but as a society, we have no control over what it's worth. We decided that the less money there is the more valuable it becomes. This is why the Spanish dollar used in Mexico became the dominant currency used in the British American colonies for a brief time. The Bank of England made so much money that our money became worthless, and the Mexican dollar came in and became the main form of currency. This is the reason we call our currency the dollar.

The American dollar is very fragile, and it will break under pressure and most of that pressure is coming from the government. The sad part is that the government used to have the ability manage money. But the presidents of today seemingly have forgotten that there are previous presidents to look back on, and they have already learned these lessons. There were more market crashes than just the Great Depression but most of them weren't as bad because the government knew how to handle them and that is do nothing. Recklessly making money is always a bad idea but today we seem to have forgotten that.