Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Computers and Your Money

By Antonio Matsuoka Subscribe to RSS | June 27th 2012 | Views:

When it comes to money over time computers were never a factor. Money wasn’t computer digits on a computer screen, but it was linked to material goods. Gold, Silver, and government issued currency has always battled for each other for the top spot on the economic food chain, but lately we’ve seen a new victor emerged. A currency not created or controlled by the government, money that is created and controlled by the world’s central banks which are sovereign to no nation.

This means that when they print money, they do it outside of thee control of the government and with no regard to the inflation that was to follow the excess printing. With the advent of computers, we see that our massive debt can be directly attributed to the efficiency at which new money can be created and issued. Money can now be created in moments with no need to physically carry the supply anywhere since they are just digits on the computer screen. This not only allowed for a global economy, but it also made the holders of the currency at risk to inflation which precedes hyperinflation.

“Paper money eventually returns to its intrinsic value — zero.” – Voltaire

The problem isn’t necessarily the computers, but it’s the bankers and politicians in collusion over the control of exchange and flow of money. This is however, another story for another day.

Aside from this, computers have facilitated personal banking and its prior complexities. People can now withdraw money with ease at an ATM, and people can now move money between accounts from the comfort of their own home. Computers have also helped spread and curb identity theft, making it easier to become a victim of it and to identify if there is someone else posing as you racking up thousands in bills. Many years ago it wasn’t uncommon to he ar of someone that had their stolen from them and only learned of it many years later when an institution verified their credit history.

USA Computer Stores have also played a tremendous role in the financial markets over the past several decades. No longer do traders and investors have to wait a day for their trades to execute. They can now go online, and through their brokerage, buy and sell within moments. This of course, has also opened the door to electronic traders. No longer is the physical person buying and selling to other people, but they are also competing against machines which run on software that anticipates where the price of the stock is going to go. Commonly known as High-Frequency trading, these computer traders don’t trade on emotion or lag. And many times, they can move the market in instants.

Money is even created in banks in ways much simpler than you can even imagine. Our banks for example run on the fractional reserve banking system. This mean s that for every 1 dollar that the bank receives in its depositories, there will be 10 dollars created due to this 1 dollar received. And considering that money no longer needs to be printed, huge quantities of monies can and will be created in moments in the digital bank reservoir. And as you can imagine, with 10 dollars I can go into a bank and deposit it into their system and all of the sudden there’s 100 more dollars afloat. And chances are they will find their way into another bank where the cycle repeats itself. And one must wonder what this does to the currency, well it devalues it. And if left unchecked, it will eventually become impossible to pay off the debt due to the interest alone on the lent money.

Thanks for reading this week’s edition! And if you have any questions/comments feel free to let me know!

Antonio Matsuoka - About Author:
Daniel Ng is senior computer engineer at USA computer Store, Florida and he spends entire day in internet surfing to know about new technology which helps the people to computer repair Fort Lauderdale.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Computer Articles Subscribe to RSS

What happens to my computer after I throw it away?
Published by Antonio Matsuoka on April 14th 2012 | Computer
With ‘being green’ becoming one of the newest trends for companies, most people are bucking the ...
A wrong click may lead your computer to welcome spywares
Published by IGennie on December 7th 2011 | Computer
Spyware Removal, Internet Security, Fraud Protection, technical support, tech support, antivirus sof...
How to detect and remove computer viruses?
Published by Annphilip on March 30th 2012 | Computer
In this article we will discuss about the different types of computer viruses, methods to detect it,...
Enroll with TESDA to provide the best computer technical support and services
Published by Carolmoore on February 28th 2012 | Computer
With a rise in the number of computer technicians, the challenge to provide the best computer techni...
A2ZPC— a reliable name in computer repair services
Published by Meghnath Kumar on May 19th 2012 | Computer
After all it’s a machine and excess use might get any kind of electronic machine to stop working i...
Nieuwe computer koopbeslissing
Published by Johnwright on April 26th 2012 | Computer
Deze kan heel overweldigend voor een nieuwe of eerste keer dat de computer kopen met weinig ervaring...
IT support Sydney is professional computer experts
Published by Avena Sowell on April 13th 2012 | Computer
Among the services, that IT support Sydney can give you include data recovery and search engines opt...
How to Fix Registry Problems of your computer
Published by Hennary Joe on January 13th 2012 | Computer
Speed up your PC with the best PC utility program. Speedupmypc is the most updated and successful so...
Get online pc repair for blue screen error problems
Published by Pawantechmagnate on February 15th 2012 | Computer
Ways to fix blue screen is now an easy go with the presence of several cool websites offering servic...
Benefits of online PC repair
Published by Pawantechmagnate on April 12th 2012 | Computer
With online PC repair facility, you can easily get your PC repaired without any hassles. Not only do...
Computer repair as well as protection services
Published by Ema Sis on March 15th 2012 | Computer

The computer repair in Palm Beach Gardens give the remote administration and the on internet sit...
Are you looking for a new Tablet computer?
Published by on June 16th 2012 | Computer
A tablet computer is a portable computer which has the appearance of a large and flat touch screen. ...
Personal computers help London forums for your personal computer
Published by Suphia Smith on April 17th 2012 | Computer
If you are facing problems with your pc, instead of calling a technician immediately take the help o...
Remote Computer support quintessential for computer business’s success
Published by Paxton on January 2nd 2012 | Computer
This business scope has been identified and judiciously capitalised upon by various remote computer ...
There are several factors to consider in finding quality computer repair Charlottesville service
Published by Jack on August 19th 2012 | Computer
For both residential and commercial sectors, computers serve a big purpose. Computers are ideal for ...
A2ZPC offers best affordable PC and laptop repair services
Published by Meghnath Kumar on May 19th 2012 | Computer
Everyone is well aware of what computers mean to us. Computers have made our professional and daily ...
Get smart PC help for your computer problems
Published by Micel Anderson on December 21st 2011 | Computer
In order to get rid of the problems of your old PC, always take help of a smart PC help program. Mor...
A guide to computer support Edinburgh
Published by Mary Porter on June 19th 2012 | Computer
You do not have to be an IT expert to be able to appreciate the importance of comprehensive computer...
Lenovo repair turns easy, quick and convenient..
Published by Dawa on November 24th 2011 | Computer
Lenovo is a known brand in the computer industry that has offered users an unsurpassed computing exp...
The benefits and the know-how of remote computer operating:
Published by Heather Protz on March 30th 2012 | Computer
With remote computing, you can operate a system virtually from another computer in an outside locati...