Economics of the 24th Century
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Re: Economics of the 24th Century
The U.S. didn't store up all that gold to trade outside its borders, it stored it because for a long time the dollar was promissory of a dollar's worth of gold. Surely, instead of keeping a huge cache of that type of currency the UFP could just trade for it as needed - serving the purpose of riding flux in commodities trading - with whatever it would have used to acquire it en masse.
I can't stand nothing dull
I got the high gloss luster
I'll massacre your ass as fast
as Bull offed Custer
I got the high gloss luster
I'll massacre your ass as fast
as Bull offed Custer
Re: Economics of the 24th Century
True. But the size of the federation with the huge population it has with the numerous species and planets that use some form of currency would suggest that the Federation would need to store it as needed.
But... on the other hand, the Federation credit could be backed up by gold pressed latitnum (spl) so there could be a Fort Knox-like place. But the liquid latinuminuminum (hang overs suck) doesn't really take up much space in relation to it's worth.
But... on the other hand, the Federation credit could be backed up by gold pressed latitnum (spl) so there could be a Fort Knox-like place. But the liquid latinuminuminum (hang overs suck) doesn't really take up much space in relation to it's worth.
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Re: Economics of the 24th Century
So just a small barrel of it maybe?
Re: Economics of the 24th Century
Maybe a 50 gallon drum of it.
"Don't underestimate the power of technobabble: the Federation can win anything with the sheer force of bullshit"
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Re: Economics of the 24th Century
I'll "look after" that for you.