During early stages of human evolution, people would exchange grains for logs of wood. Or cloth for tools etc.
Then man made coins and money. With this he was able to get items whenever he wanted and also he could get many things for possessing one thing in excess.
Now things are changing fast. The resources are fast depleting and people no longer seem to be in full control. Result is seemingly unviable finances. What to do in such a circumstance?
As you can see, here there is no one money that is involved, but many. There may be one or many intermediaries.
This is the solution for India and I do not believe that we are economically unviable.
Then man made coins and money. With this he was able to get items whenever he wanted and also he could get many things for possessing one thing in excess.
As you can see, here there is no one money that is involved, but many. There may be one or many intermediaries.
This is the solution for India and I do not believe that we are economically unviable.
