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¶ … insert on page 581 (Box 27.2), titled "Are the Days of Cash Numbered?" And discuss, giving reasons for your answer.
Modern cash - Federal Reserve Notes, are but the newest incarnation of Man's attempt to use simulacra to denote value. Our money is fiat or fiduciary money - the force of the United States Government backs it, as it does the value of the Treasury bond. Since the 1970's-era breakup of the Bretton Woods system, the value of gold has served as a counter-weight to the value of the United States dollar and rises and falls with political instability, the amount of gold that is mined, and the decisions of central banks to hold gold or dollars (or Euros or whatever) in reserve. In much the same way, paper money is a counter-weight to electronic transactions. Whereas most of our money is in a bank and electronically represented for us, we remain confident that this may at any time be exchanged for Federal Reserve...
Australia has embarked on an ambitious cashless society project, and in Finland people use their cell phones to buy vending machine projects. The transition of Europe to the Euro was called the greatest logistical endeavor since D-Day, and required over twenty years of consistent political endorsement. Even as such, Sweden and Denmark are still opposed to the Euro, citing loss of sovereignty. Many vocal conservatives equate a cashless economy with a move toward one-world government. Conspiracy theorists and nay-sayers aside, everyone with a reason to conceal a transaction has a reason to resist a cashless economy, not only Osama's minions and drug dealers but also waitresses who don't report their income. Alternately, almost everyone with a reason to promote transparency would support a cashless economy; the millions defrauded by Enron…
Moreover, they have been ignoring their public transportation system. Evidence of this can be seen with a study conducted by the Global Competitiveness Report of the World Economic Forum. They found that the Philippines has an aging infrastructure and the government is continuing to neglect these issues. As a result, they determined that it is considered to be mediocre in contrast with many countries that are rapidly developing. (Esplanda,
The institution found several breaches in human rights policies and strives to increase awareness of these problems. In a clearer formulation, Amnesty International found that Ukraine does not respect the international law in human rights of hosting refugees and allowing them to become settled in other countries, but that the state's officials send these refugees back to their original countries, where many of them stand to suffer torture or
The fact is, Russian is useful. In this part of the world, it's the language of business and science" said one Ukrainian ("Ukraine's language," PRI, 2009). Ukrainian is sometimes used in popular music, but that is because it is often used as slang rather than as the dominant language of conversation or commerce. So the dissenting question arises, if Russian is already so dominant, and understood much of the population
Political events in Ukraine in November and December of 2004 attracted attention of the world community to this country as the wind of democratic changes came to this former republic of the Soviet Union. Even though the Soviet Union collapsed 13 years ago, historical political and economical bounds between those 15 new independent states where quite strong and even though these countries became independent, their dependence upon the policy of
Ukraine�s Invasion Ukraine�s InvasionSome believe that Putin�s decision to invade Ukraine is a tremendous diplomatic strategy and will likely increase his global influence. Others are skeptical, as it appears that he has no good way out of this situation, and as a result, this situation scares them.Research Background.Public Opinion and JournalismThe media has been buzzing with the love that Putin�s actions are garnering from the Russian people. They see it;
Russia & Ukraine The current crisis in Ukraine is a good case study for international relations. The primary actors are Ukraine, Russia, the United States and the European Union. In brief, Ukraine has been splitting politically since independence from the U.S.S.R. along ethnic lines. Ukrainians, still seeking for solidify their national identity, are pro-West in their outlook; Russians are pro-Russia in outlook. This schism has defined the country's politics since independence,