What do you think life would be like if ,there were no money?

Society would have to come up with a system of exchange that would closely follow the system of currency exchange of the past in that it would mean that there would have to still be a banking system to hold what would be called credits and debits much like we have now,hopefully without interest,as interest results in inflation Interest.payments to depositors or from lenders both create a hidden tax,one is called inflation increasing the money supply and in the process eventually making the increased supply worth less Which is one of the reasons the system failed in the first place.

Inflation is an artificial increase in the percieved value of an item be it a house,car,food,clothing or even money itself.when in fact the house and car may have the same value as before. Our perception of them having increased value is in reality an illusion that we are only too happy to perpetuate if we don't understand supply and demand.

Deflation is the opposite of inflation of a currency in that money is taken out of circulation by the banking system. By reducing the supply of money. By reducing any commodity you artificial increase it's value. By giving the consumer the impression that the dollars they have are worth more because there are fewer of them; when in fact those dollars are worth more only because of the banks manufactured scarcity of the currency available Yet this increased value although artificially reduced by the banks,this percieved increase in value of the currency is not recognized by those very same banks.But those who have any of this currency to spend can now buy more commodities with less currency than when there was inflation ,even if that increased purchasing power is not recognized by the banking system,they still require that their lenders pay the same amount that they contracted for on their loan applications even though the value of the currrency has increased although it be artificially done by the banks themselves.

If a borrower has the money to make their loan payment all the better for the bank,as each dollar has increased buying power now than they had previously .

If a borrower could not make their payments then the bank forecloses on the borrowers property ,which is all the more likely as less currency is in circulation as a result of the banks removing it from circulation.

These properties or buildings are called R.E.O.'s or "Real Estate Owned properties that the bank claims it does not want.The fact is they would like to find another buyer for the property as soon as possible not only because they can loan more money,or sell it outright but then then don't have the responsablity of maintaining the property taxes,etc.But,some properties are worth holding onto because they would be a good investment in the future and they can write off much of the money they spend holding onto them at taxpayer expense.

Creating money out of nothing is artificially increasing the supply of money and decreasing the value of each dollar in circulation over time,because those who get to use that increased supply be it money or goods and services in the beginning of the increase have the advantage of knowing it has increased,and that increase is going to eventually be noticed by others as interest rates are raised by those very same people who increased the supply of money.So although the value of a commodity is really the same ,the money used to buy them has less value due to the increased numbers of dollars that are around. If ,instead there were an increase in the supply of goods and services more so than is needed then the value of those goods and services declines because the demand is not there for that increased supply ,unless you find a demand somewhere else.The same is true of money.There is a lag in demand of a commodity because there is a huge supply of that commodity.If ,you supply more money than can be utilized at the time it is being supplied then that inflation or increased supply will eventually be seen by the sellers of other commodities and services and they will demand more of that commodity that is overpriced by virtue of the lack of demand for it.If on the other hand,the increased supply can be sold quickly and the money borrowed in the process as a loan in business is returned quickly then inflation would not be a problem as the demand and supply are stable.Planning is the key,unless your just hoping things will workout by themselves. Opportunities are made through advanced planning.So if you think inflation or deflation only happen by chance and never planned by someone for reasons of their own.Good luck to you.You'll need it! Farmers know that an increase in a commodity can bring the price down of their commodities,if there isn't an increased demand from somewhere. But if history is any judge small farmers would have to guess what price they could get for their commodities and if they guessed wrong they broke even or lost money.To make their farms profitable they had to form co-operatives so all the farmers could coperate with each other ,and plan how much of a commodity will be in demand and plan to only grow enough to bring them the price that they hoped for.In fact ,unless there is a co-op that can come together and agree on a fair price to sell their commodity or commodities if, we are talking about seperate co-ops for growers of different comodities.There would be only a single source that we could get those commodities from at a fair price for both the producer's and the consumers.

Think about it,if you were on a desert island,with all of the things necessary for survival ,food,water,the means for building shelter,and make clothing ,but you had no money

What would you do to get all of these things you needed ? PHYSICAL LABOR RIGHT !

The only difference would be if,you had more ,food,water,clothing,and shelter than you needed then you might want to trade for some things that you didn't have. that someone else knew how to get or make and maybe needed to trade with you for.