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Which monetary standard does your country use?

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Penguinia-Tempor
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Founded: Jan 17, 2014
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Which monetary standard does your country use?

Postby Penguinia-Tempor » Wed Mar 12, 2014 5:28 pm

http://en.wikipedia.org/wiki/Monetary_system
You know, like the gold standard, or the silver standard, or no standard?
Or perhaps you want to create your own standard.
Oh, and make sure to explain why too.

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Auzkhia
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Founded: Mar 11, 2010
Left-wing Utopia

Postby Auzkhia » Wed Mar 12, 2014 5:40 pm

The Auzkhian Krone is backed by a bimetallic standard of Gold and Silver.
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Meritocratic States
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Founded: May 17, 2012
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Postby Meritocratic States » Wed Mar 12, 2014 5:49 pm

The shared regional currency of the Crown Zone Union, the Crown, is fiat currency.
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Collaborative Commonalist Memecracy
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Postby Collaborative Commonalist Memecracy » Wed Mar 12, 2014 5:49 pm

We use a cryptocurrency, or encrypted data exchange tied to different metals or elements-- platinum, uranium, gold, copper, etc.

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The United Remnants of America
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Democratic Socialists

Postby The United Remnants of America » Wed Mar 12, 2014 5:52 pm

The URA doesn't use a standard.
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Kylistan
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Founded: Jan 09, 2013
New York Times Democracy

Postby Kylistan » Wed Mar 12, 2014 5:52 pm

Kylistan's currency, the Gold Dollar, not surprisingly follows the gold standard.
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OMGeverynameistaken
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Postby OMGeverynameistaken » Wed Mar 12, 2014 5:54 pm

The Russian Silver Rouble is backed by bears.

Also we feed anybody who questions the value we assign to our currency to the bears, thus increasing the size of the bears and the value of our currency, while simultaneously increasing confidence in the currency through having fewer detractors. It's a very efficient system.
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Alcase
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Postby Alcase » Wed Mar 12, 2014 5:54 pm

Mostly gold
sometimes not
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Uelvan
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Postby Uelvan » Wed Mar 12, 2014 5:55 pm

The Uelvanian Denarik is fiat currency.

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Bezombia
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Postby Bezombia » Wed Mar 12, 2014 5:56 pm

There is no money in Benomia.
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The Fascist American Empire
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Postby The Fascist American Empire » Wed Mar 12, 2014 5:58 pm

We back our money with gold, silver, and platinum.

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The New American commonwealth
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Founded: Mar 07, 2014
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Postby The New American commonwealth » Wed Mar 12, 2014 6:01 pm

Gold mostly do to us having Kentucky (fort Knox)
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Eastern Equestria
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Postby Eastern Equestria » Wed Mar 12, 2014 6:03 pm

The Eastern Equestrian Bit is intrinsically worthless and is backed solely by the faith of our people in our sound economic system where the Bit can be exchanged and accepted for goods and services in good faith.

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Aeternabilis
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Posts: 5055
Founded: Jan 16, 2014
Left-wing Utopia

Postby Aeternabilis » Wed Mar 12, 2014 6:03 pm

Due to the huge obsidian deposits around Mount Itulia and Mount Orania, the Aeternabilan Vitrum is backed by, and the coins are made of obsidian.
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Brazil I
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Founded: Jan 22, 2014
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Postby Brazil I » Wed Mar 12, 2014 6:08 pm

The Central Bank of Brazil uses a Commodity standard for its money and the Brazilian treasury backs up all its money in gold.

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Luziyca
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Postby Luziyca » Wed Mar 12, 2014 6:09 pm

We use fiat money.
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Bleckonia
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Postby Bleckonia » Wed Mar 12, 2014 6:17 pm

The Blec is fiat currency.

We quit using bullion to back our currency in 1948 because the market value of precious metals began to fluctuate too much, resulting in an unstable currency.
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Chinese Peoples
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Postby Chinese Peoples » Wed Mar 12, 2014 6:17 pm

The Republic of China follows the silver standard, though the import and export of silver is strictly controlled.

The Chinese Dollar is made to equal 37.5g of pure silver, or the mass of one tael in Chinese measurements, though actual coins are not minted in silver.
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Europe Palestine and Africa
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Founded: Jan 22, 2014
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Postby Europe Palestine and Africa » Wed Mar 12, 2014 6:35 pm

The Roman Republic uses currency from the Central Bank of Brazil and they usually back up the currency with gold.

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Argyle
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Founded: Oct 26, 2011
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Postby Argyle » Wed Mar 12, 2014 6:43 pm

We have always used gold as our currency (i.e. a gold specie standard), even after the rest of the world switched to fiat money or more diluted forms of the gold standard.

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Westeastern Dicantia
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Founded: Oct 04, 2013
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Postby Westeastern Dicantia » Wed Mar 12, 2014 6:49 pm

Several atoms of a very specific kind of palladium in a very specific vacuum and fifteen different physics equations. It's mostly classified, and heavily guarded so someone can't just drop a giant chunk of metal in and make everyone billionaires.
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Small Huts
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Left-wing Utopia

Postby Small Huts » Wed Mar 12, 2014 6:49 pm

In Equilism most usually use the Equiliant as the standard.
Last edited by Small Huts on Wed Mar 12, 2014 6:49 pm, edited 1 time in total.
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Trafalgar 1
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Founded: Jan 22, 2014
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Postby Trafalgar 1 » Wed Mar 12, 2014 7:04 pm

Trafalgar uses a standard Gold for most money
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West Suburbia
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Posts: 970
Founded: Jan 18, 2014
Ex-Nation

Postby West Suburbia » Wed Mar 12, 2014 7:46 pm

ha, West Suburbia uses no standard, although the money is backed up by government reserves of gold stored underground somewhere in the north part of the isthmus
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Darmen
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Founded: Jan 16, 2011
Moralistic Democracy

Postby Darmen » Wed Mar 12, 2014 7:48 pm

Darmen uses a fiat monetary standard.
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