Australian Egalitarian Movement :: Offering Egalitarianism or Anti-Elitism

The
Australian Egalitarian Movement
www.aem.org.au

Location:  

Home > Major Policies > Common Questions About, and Criticisms of Egalitarianism > The Value of the Australian Dollar

 

Home Page

Our Mission

About the AEM

Our Major Policies
and Explanations

Questions & Answers

Current Affairs

Join the AEM
FREE Membership

Contact Us

Feedback

Resources

 

 How Will You Determine the Value of the Australian Dollar in the AEM's Cashless Egalitarian Society


Using consumer cards instead of cash should not have any affect upon the value of the Australian dollar. The value of the Australian dollar in the AEMís Egalitarian society can be determined in the same ways that it can be determined now (i.e. by the money market or by the government fixing and regulating its value). However, we are not in favour of peoples buying and selling money as means of making money (i.e. gambling on the money market), because it undermines Egalitarianism and also produces no social benefit. Also, we can foresee unfavourable outcomes in a money market for the Australian dollar because it will only ever be influenced by the buying and selling behaviours of devout anti-Egalitarianist non-Australians, who can no longer invest in any Australian money-making ventures. As such, we may revert back to the practice of regulating or fixing the price of the Australian dollar, particularly during the establishment of Egalitarianism. If this is what we end up doing, the regulated value of the dollar will be determined at the time.

 

 

 

 

Home | Our Mission | About the AEM | Major Policies | Current Issues | Join the AEM | Contact Us | Feedback | Resources

Legal Issue:  Copyright  |  Privacy  |  Disclaimer