Greenback Argumentative Analysis

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The “greenback” is a fallacy printed on a piece of paper and cloth that holds no actual monetary value. Societies created currency to serve as a medium of exchange, hoping that this one, uniform currency would hold a constant value. The truth is it’s not logical to create an infinitely printable version of a finite source; it is irrational to assign value to a piece of paper or a hunk of useless metals. Evidence lies in the past, The German mark was once so worthless due to over printing that the Germans burned it to stay warm through harsh winters. Even the American dollar today has suffered inflation so severe that a can of coke that would have cost five cents in 1959 now costs 30 times that amount. Sure, money is convenient, but it has also caused economic recession and depression. Without money, governing officials are held at a higher standard by the people and are less …show more content…
How can you have a government without money? The answer is clear and concise; governing officials would no longer be hired on a salary, instead they would be paid in food for their families and even housing for them to stay in. I would even go so far as to argue that incumbents hired under these pretenses would be less corruptible and more morally driven. Government owned mines and farms would bring in the precious metals, livestock, and crops needed to feed and fund a needy society. Farm workers in my utopia are given housing, precious metals, and are guaranteed a percentage of food from the farm, and miners are offered a similar bounty of housing, food, and are given a certain amount of precious metals as well. Food and precious items flow into the economy through trades, a few ounces of gold for a plot of land, or food to last your family a

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