Discussion of Forex Trading and Currency Trading

Would the following make good currency? Why or why not?

1) Peanuts

2.) Checkers

3.) Basketballs

4.) Sheep

5.) Sand

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19 Responses to “Would the following make good currency? Why or why not?”

  1. :/

  2. imsoogreek Says:
    April 30th, 2008 at 6:10 am

    sheep would own

  3. none would, they can all be made and are not unique items. the ponit of curency is that it is a thing that can be traded for goods or services, it loses it's value as soon as it is not unique, ie. if you could make a ton of american money why would i work hard if i could just buy mroe cheaply.

  4. monstrisa QMM Says:
    April 30th, 2008 at 6:10 am

    no - eatable
    yes - they are like coins
    no - too big
    no - they can die/ make new money
    no - too small

  5. the sheep would for sure but it's not practical

  6. i know this doctor u can visit if u want

  7. Munya Carr Says:
    April 30th, 2008 at 6:10 am

    1. No, they aren't sturdy enough and someone might eat them (like a squirrel, bird, idiot watching nascar, etc).
    2. Maybe. But then you couldnt play checkers. But they are a bit more durable.
    3. Nope, too big. And then what would the NBA play with–canteloupe?
    4. No. They cost more than they're worth. And they're too big to carry around in your wallet. And they poop a lot. And smell.
    5. Nope. Too much of it around and that makes your money basically "devalued" (worthless).

  8. 1) No, you can eat them.

    2) Possibly the best choice out of the five because you can pocket them and they are cheap to make. Although it would still be easy to copy and make so it would also not be good.

    3) No, you can't carry them around with you and they cost too much to make.

    4) Animals are not a good currency because your money could die while you are sleeping.

    5) No, it's just way too easy to lose count of and it would be hard to keep track of every grain.

  9. Living In Korea Says:
    April 30th, 2008 at 6:10 am

    1) Peanuts - No. Too crumbly when in your pocket.

    2) Checkers - No. Too much mass production.

    3) Basketballs - No. Can't fit them in your pocket or wallet.

    4) Sheep - No. Need to also carry a shovel or "pooper scooper."

    5) Sand - No. Leaks out of any hole in your pocket.

  10. marguerite c Says:
    April 30th, 2008 at 6:10 am

    hello you are leaving out wendy's frostys! i would vote that one. other wise i would go with sand. land is valuable. its probably the only valuable thing left! but the idea of trading peanuts are pretty cool. sheep would eat any profit and basket balls would be a pain in the butt to carry around. and checkers are well, big poker chips!

  11. none of the above

  12. 1 - Peanuts - No, there is not a limited supply and can be created by anyone.

    2 - Checkers - No, because they have no value to back them up

    3 - Basketballs - No, Same as above

    4 - Sheep - Sort of, you could trade them for goods but sheep are only good for small, local trading.

    5 - Sand - No, there is too much sand and it's only available in certain places.

  13. Peanuts for nuts
    Checkers in place of cheques
    Basketballs for jocks
    Sheep for clothing
    Sand for everything else as it will always slip through your fingers.

  14. checkers would work

    peanuts, no because you will eat your money if you are hungry

    basketball no because it is to big, people will play with it, steal the ball, and how much will it be worth if it becomes flat

    sheep no because it is an animal and you do not want to go back to the B.C. days

    sand hell na

    http://answers.yahoo.com/question/index;_ylt=AnKfE6zbbnwYcqPyRzljEZDsy6IX;_ylv=3?qid=20080331181954AASpwZ2

  15. ⊕AnnaAnomie⊕ Says:
    April 30th, 2008 at 6:10 am

    Peanuts, no. Too easily broken & eaten, or lost.

    Checkers, no. Plastic can break easier, become nasty quickly, and would be much too easy to recreate.

    Basketballs, most definately not. Too large & heavy, production of said would be too costly to supply currency demands. Also, the resource of which its made from would run out quickly.

    Sheep, possibly. You can have a constant supply of sheep, but they aren't easy to carry around, and would take a while to reproduce. We would run out of land space to feed them very quickly, then you'd have an overpopulation of sheep.

    Sand, no. Too abundant, easily recreated or found. Heavy when combined in baggies, not ideal for quick transportation.

  16. 1 yes in an airplane crash on a deserted island with no hope of returning to civilization and no food on the island.

    2 no, chess is more valuable currency

    3 yes, they easily fit in ur pocket when inflated if ur pants r the size Jared from subway was.

    4 yes if ur an american soldier in afganistan and u need to buy stuff like other goats and ak47s

    5 no otherwise the desert in the middle east woud be able to buy bad weapons to destroy us all.

  17. well, if u have learned about economics, money is a medium of exchange. this means that this currency has to be readily available as a trading item widely used and easy to carry and exchange but also a resource not readily available for public production(governments make money) and not a hassle because everyone is getting their hands on it. peanuts, sheep, basketballs, and checkers are already used as separate subjects or resources for entertainment, food, etc. also, sand is not something you could perhaps pull out of a pocket easily, see measure of account, or see valuable. none are good.

  18. Dirt might work, as will potable, pure water as in Waterworld

  19. They dont fit the charecteristics of money.

    Not durable, divsivble, portable atc.

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