Bank of Nefer

An Introduction to Real Monocurrency and Nefer Economics

Authored by Michael J. Costa

Today every nation uses Paper Money, most of which are based on the American Dollar. Paper Money has the same intrinsic value everywhere, in terms of paper: one $100 Note has the same value as a thousand $100 Notes; but who wants a thousand copies of the same one? We are trading numbers, not money.

If we have one currency with a Value Scale, with a range of Minimum and Maximum Value, then all we need to do is to declare the value before the transaction to complete the trade.

Publication Date:: May 27 2013
ISBN/EAN13:: 1489593616 / 9781489593610
Page Count:: 24
Binding Type:: US Trade Paper
Trim Size:: 5" x 8"
Language:: English
Color:: Full Color
Related Categories:: Business & Economics / Money & Monetary Policy; Copyright 2013 MJ COSTA, All rights reserved.; Summary:; Real Monocurrency will replace standard currency in the Future.; Why use separate denominations of one currency for a transaction when you can use Only One for all? Simply declare the value of the Real Monocurrency and trade with it. Then upon receiving the MC the value resets to $1. As all paper money is equal to each other (they are all printed on worthless paper) the set value of the US $ Dollar is the only standard unconscious value programmed in society; having a non-set value is better for a Value Scale. Gold and Silver were the same values in their day, as only amount of metal per coin was the determining factor. Today paper money and credit are the norm. Tomorrow is Real Monocurrency in Nefer Economics.; M7 2013.; Coming soon to Amazon.com; M7