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Questions tagged [currency]

For questions that have to do with means of commercial exchange other than barter.

4 votes
4 answers
2k views

Strictly speaking, what is a tax/levy/charge on bounties called?

To put it in very simple terms, in my sci-fi setting, we have a bounty system in use (cash for kills. Basically for every legitimate kill a specific type of soldier makes, they get a cash bonus). The ...
user119041's user avatar
  • 1,453
-4 votes
3 answers
161 views

How would shopkeepers deal with a nine percent tax? [closed]

We imagine a world with D&D currency (1 gold (gp) = 10 silver (sp) = 100 copper (cp)). And a city where all transactions attract a 9% sales tax which goes to the government. So if a thing costs ...
sil's user avatar
  • 338
3 votes
6 answers
675 views

Could time (in the sense of a labor-hour) be a stable commodity base for a currency on the modern city-state level?

Commodity currencies were the standard for most of history. Coins were made out of precious metals like gold or silver. Later on paper currency was exchangeable for a certain amount of gold or silver ...
Rhymehouse's user avatar
  • 6,104
40 votes
14 answers
9k views

Could a Black Market exist in a cashless society (digital currency)?

I'm writing a story about a fictional city-state on Earth. This city-state is very similar to modern-day Singapore. One unique aspect about Ebonia is that it is a 100% cashless society. All money ...
Rhymehouse's user avatar
  • 6,104
-2 votes
5 answers
239 views

Do you know any traditional non-electric Gold measuring devices?

I have a currency system that uses gold coins. Standard-weight coins bearing marks of state sovereigns exist and they have several features to keep people from shaving-off of them; nonetheless, ...
EMS's user avatar
  • 357
23 votes
12 answers
5k views

A world where some currency loses value when handled would have a deflationary economy. What would the consequences to society be?

Imagine a world which looks roughly like what we might call the “standard D&D setting”; not quite medieval, not quite Renaissance, something like 17th century London, where a penny buys a day’s ...
sil's user avatar
  • 338
7 votes
10 answers
4k views

What Are the Pitfalls of Using Diamonds as Currency? [closed]

Basically I have a world where people use diamonds as currency, and the reason they do this is because diamonds specifically are alchemically inert. Other useless metals like gold are nothing close to ...
skout's user avatar
  • 2,126
8 votes
13 answers
6k views

How would you get a medieval economy to accept fiat currency?

So a nascent interstellar civilization is exploring the local stellar neighborhood when they encounter an earth-like inhabited planet with a developing medieval civilization. The Arcadians are roughly ...
AllSeeingEye33's user avatar
3 votes
5 answers
422 views

Why is there so much unused mana flowing in my mana economy?

I asked some questions about creating a stable economy that uses mana as currency. I'm stuck on a new problem trying to use it, why is there so much mana circulating in the economy already? I want ...
dsollen's user avatar
  • 34k
2 votes
2 answers
273 views

Stable mana economy: how would mana transfer at death affect economic stability?

I've now asked some questions about the viability of a pure mana economy, and the answer is that it could work. I don't yet have a full world in mind for this, I'm mostly building up what a viable ...
dsollen's user avatar
  • 34k
17 votes
11 answers
4k views

Can I use mana as currency if people are constantly generating more mana?

I want to use mana, used to fuel spells, as a sort of currency. Basically you pay for items not with a fiat currency but with your mana, which someone may later use to cast a spell. I don't have a ...
dsollen's user avatar
  • 34k
-3 votes
1 answer
171 views

Energy itself as a form of currency [duplicate]

I have pondered a setting/society where people have access to advanced technology (for one example, food replicators), but either have to work to earn or trade to obtain the power needed to operate it....
king of panes's user avatar
25 votes
18 answers
7k views

Why do wild creatures carry money?

It's an extremely common trope in Role Playing Games (RPG's) for wandering monsters to carry lootable currency (gold, moolah, dinero, big ones, cash, large, green, etc.). Now, it makes sense that non-...
Robert Columbia's user avatar
3 votes
5 answers
424 views

Energy based economy

I am attempting to design an economy based around energy, namely, within a society possessing practical nuclear fusion. As I currently have it set up currency is backed by Hydrogen, meaning you could ...
Boo Radley's user avatar
  • 1,196
-2 votes
1 answer
118 views

What alternative monetary unit can serve as the basis of a reserve currency while preventing a long term debt cycle?

The Bretton-Woods system established the rules for commercial and financial relations among the United States and its allies, and established the U.S. dollar as the world's reserve currency. The ...
Incognito's user avatar
  • 38.6k

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