there are so many problems in the world because of money, so what would happen if we just didn't use $ anymore

Question

how would a system like that work? like the old times when they traded food or clothes. would that be better than dealing with all the credit and debt of using money? or what other thing could we do to fix the money issue? it causes so much greed...

Answer 1

I do not believe that money causes problems. It is the love of money that causes problems. Greed isn't due to money and would still exist under a different economic system. Greed, or serving one's self-interest may be a central aspect of human nature; thereby making this very difficult to eliminate.

To answer you question. I believe that we could set up an economic system, which still employs the use of money, which could be less oppressive, less consumer driven, and less manipulative than the capitalist system we are currently under. Capitalism promotes the pursuit of self interest, competition, and rivalry...all of the things which fosters greed. Although greed may still exist under a different economic system, the way it manifests itself may be quite different under a system which didn't promote these dangerous ideologies.

Answer 2

No, we need to have some sort of money currency.

Way back in old times, they traded animals for land/food/other animals. They would say, "I'll give you my chicken for your cow."

However, this resulted in an imbalance. They would need to give 2 or 3 chickens to equal a cow, but even that was an imbalance.

That would be like complaining to iTunes, where each song is 99 cents: "This song should only be worth 50 cents! It's only 2 minutes long!"

But, then, there would be all sorts of complaints.

"This song is country! It should only be worth 30 cents!"
"This song contains a minute of instrumental stuff! So it should be 40 cents!"

All that.

That is why iTunes settled on 99 cents for every song, so it wouldn't be a mix of opinions and unfairness.

For the same reason, that is why we need to stick with dollars, unfortunately.

Answer 3

Try the barter system in your neighborhood for a couple weeks. Mow a lawn --- for two hearty meals . Go to the supermarket (on your bike -- nobody's figured out how to make and market cars to mowers and sweepers, yet on the barter system -- and sweep the store's floor or set up a produce display ---- get a two-pound roast. Take the roast to Penneys and get a shirt or blouse. That's how cumbersome it would be. Oh yeah, you'd send your radish crop to D. C. to take care of your tax obligations. Right!

Answer 4

Money is just a way of measuring the value of things. Not using money would be like not using inches, or hours. It would make everything unwieldy without solving any problems.

The real problems are greed, which is part of human nature, and scarcity of resources, which is a fundamental part of life.

Answer 5

Personally, I think that'd be terrible Money is not really the problem its the love of money. A system like this does exist, go to a flee market, hippie festival, it seems very inefficient. It all comes down to greed/materialism and personal choice

Answer 6

That would be pretty lame, everyone that owns a piece of land is capable of producing something everyone wants will dominate.

I would understand if credit was to be taken out, but removing the whole money system would really turn the world upside down.

Answer 7

You are wrong.

Money is the means by which we can most efficiently exchange goods and services. Otherwise, I would have to walk around with these cars I sell, looking for a butcher to get some steaks from. Then, I would have to exchange my car for the equivalent value in steaks.

Answer 8

It certainly would not solve any problems you are thinking of. Society would revert back to a barbaric level. All technology and conveniences of modern life and modern health care would disappear as soon as what we have right now wears out and breaks down (or as soon as the electricity goes, pretty soon). People would soon be living like they lived 3,000 years ago -- at least the ones who don't starve to death or get killed, which would be most of us.

Modern life and modern technology require a very complex networking of people and allocation of resources. These things are completely impossible without money, just like telephone networks are completely impossible without electricity.

Answer 9

it would cause an imbalance of power, the US would die if that happened, we would lose all our power, trading also causes problems because u might not need the thing that they are trading