by David Chen

To make sound economic policy, stimulate growth, navigate through economic hardship or control inflation, there are tools governments around the world could use, in terms of currency or financial notes.  Such currencies include but are not limited to token coins, paper money, treasury bills/notes/bonds and electronic currency (those ones that are tied to the monetary policy of governments).  Such currencies have there pros and cons as the following:

Pros

• easy to carry
• ideal for circulation
• can be added or removed quickly from market, therefore can be used as handy tools in leveraging marketing economy and provide credits and investment opportunities
• bear good values and instill confidence into consumers when governments have sensible economic policies

Cons

• pron to producing economic “bubbles”
• cyclically lead to overproduction of wrong merchandise and put economy in recessions, or even depressions
• create bad loans and debt crisis when not regulated properly

 

Does Transparent Gold possess the best of both worlds?

Answer: Yes.