Do you understand money? Should you buy some Bitcoin? How about gold? Silver? What causes inflation and can it be prevented? How? Can you explain the three functions that money needs to perform well? What are the three basic kinds of money, and which kind of money is a cryptocurrency?
Everyone deals with money on a daily basis. Few give it much thought. But if you're a bit fuzzy about the answers to the above questions, it could be hazardous to your wealth. There have been many problems with money, some of them quite disruptive. Sound money is very important to the proper functioning of a free market economy.
This short, easy-to-read book aims to demystify money. It will provide the knowledge to answer the above questions and many more. For their own good, citizens and informed voters need to be able to judge the validity of politician's proposals and government policies regarding money. As a bonus, the ultimate sound currency will be designed.
Roy Minet majored in physics in college, but accepted a first job offer in engineering with a large multi-national corporation. Following that were positions in sales, then marketing management and finally management of a strategic business planning group, all for the same corporation. Moving into small business, he bought and operated a beer distributorship for 12 years before selling it. While distributing (and perhaps drinking) beer, he founded Intelligent Computer Systems, Inc., which pioneered comprehensive, integrated, real-time business software and installed turnkey computer systems for distribution businesses nationwide. After 22 years, ICS was sold to the 3M Corporation. Mr. Minet is now retired and pursuing a backlog of personal projects; most notably, improving all aspects of elections. He also has taught economics part time in 11th and 12th grades with the Junior Achievement program. Approximately 40 of his op-ed columns have been published. Mr. Minet was the Libertarian Party's candidate for Pennsylvania Auditor General in 2016.
