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Hello friends,
How are you all, I hope you are well. By the grace of God, I am also well. Like every day, I have come today to share a new topic with you. To work on Steemit platform we need to have knowledge about various things. Especially those of us who are new, many things are unknown. That's why I will try to share with you any learnings. Because I think the more we learn the better. Today I will share a very important thing with you. In this age of technology we are still not sure about any kind of economic field. Although the modern world has joined, but there are still many conflicts between different countries. There are social and economic factors for this. I will discuss those things with you.
Basically a country tries to maintain its own functions. Basically, the country's currency is devalued or held back by other countries. For this reason, we have to face all economic risks mainly for political competition. That is why I think it is acceptable for the world and the political economy to accept the monetary system as an economic subjugation tool for one party. Because I think every country has to import and export now. This trade is much more important and non-negotiable than the monetary system.
In this age of technology we are still failing to ensure transparency and accountability in the financial sector. The superpowers of the world are constantly engaged in a kind of cold war or outright war with each other. Conflicts between countries in the modern world continue in this direction and that is why we see the world's major powers divided into two or three factions. It has an impact on global economy, politics, environment, geopolitics and socio-economic issues. When a country or group is in a leading position, its currency system is accepted as the currency of exchange for the whole world. I even think that different types of countries should try to defeat a country from an economic crisis through a monetary system in different crises. And that would basically be a good arrangement for us. Be it our country or any other country outside. However, economically confiscating individual wealth is a form of anarchy.
If our country or other countries have to face any kind of unusual situation even in any kind of war zone, people are always affected. And for this, the country's economic or world monetary system has to be helped. And for this, there is a lot of harassment. If the current monetary system is called for in the economy then it will be a very good initiative. This is why we have seen in the world any type of monetary system that tries to use the influence of paper money towards this. And this is why everyone has to look at alternative currency systems. Again this currency system but gold is used for promoters. Even if gold is introduced in the main currency system, it will be possible for the people of the world to eliminate these problems.
Thanks everyone
