IamAlejo

concerns/opinions. And econ test? I'm assuming in college or what? By your post it doesn't really seem as if you have much of a grasp on the current economy or economics in general [not meant to be offensive though it might sound that way and sorry if it is, obviously econ principles classes are more ideal based than application].

1. An international currency system would absolutely crash the American economy. A lot of the economic ability in our country is created by the Fed. Reserves ability to fluctuate the amount of currency in circulation as you mentioned. Universalize currencies and the Reserve wouldn't have the ability to print out more money into circulation and control the amount of cash available to the general public. This would effect everything from interest rates to rates of return. Though fluctuating the amount of money out can obviously be a hindrance if the economy isn't carefully watched, it's needed. That is not near the reason we are in this mess. Risky investments by banks and complete lac of oversight by the government for many years including both Clinton and Bush administrations. Even now with bailouts [which are a necessary evil] we are showing that we are incapable of letting these massive institutions fail and are giving out the signal that these investments are acceptable.

2. You state the expenses for having someone in jail and say we should put them in rehab? Rehab costs money, too. And you don't get sent to jail for getting caught with weed on you just once, they are either habitual offenders or have a massive amount of narcotics on you.

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