Tuesday, 29 November 2011

Why Dollar Pursued By Many People


Writer: Lilis idawati

If we talk about money, is not foreign anymore. Why? Did you know?
The answer is because the money we use every day to survive. Many who went mad and frustrated because of money. So what is the meaning of money? Money is a medium of exchange and legal tender. in previous years, payments made ​​by way of barter, the goods exchanged for goods direct. Do you also want to know the history of money and terms of money, I'm sure of you do not know the history of money and terms of money. Sorry just kidding.

History of Money and Money Terms
In antiquity, buying and selling is done by barter system. Barter trade is conducted by way of exchange of goods, after bartering people started using the means of payment as agreed. In exchange goods for money also have a legitimate requirement. The conditions are: Money should be acceptable in general, as a general means of exchange,but it also has value for money and the money must also be able to last a long time, have the same quality, and money is not easily faked.

In addition to these requirements, Money is easy to carry anywhere, easily shared without diminishing the value, the money tends to stabilize over time. Stop until here course, we discuss about the history of money and Conditions Money.

Now we return to our main topic, namely: Why Dollar Pursued By Many People? U.S.Dollar at the moment still in the rush of many people, including in Indonesia country. Why is that? The answer is the dollar became the international currency.  
 



Then when Rupiah could be an international currency. Here are some reasons the dollar became the international currency.


The first reason: the history of bringing dollars into an international currency.Starting from the Bretton Woods agreement after World War 2 that the effect is still felt today; agreement to use gold as a global standard for currency values​​. At that time the economic situation world countries, except the United States, devastated by war. This causes them to rely on loans granted by the United States. These loans are given in U.S. dollars. As collateral, American received the gold owned by these countries. The result, American automatic control of all the gold in the world and thus only the U.S. dollar whose value is backed by gold. In practical terms, this means the U.S. dollar has replaced gold as a source of liquidity into the world economy and world financial system basis. The implication, any country to build foreign exchange reserves in U.S. dollars; dollar reserves necessary for concerned  country's currency can be exchanged with dollars or gold.At this time it was the U.S. currency becomes an international currency.



The second reason: the risk of becoming an international currency

Not always be the international currency is a positive effect on countries that have a currency that, in this case with the dollar American countries.

The third reason: not all strong currency could become an international currency. To become an international currency needs a strong owner, in this country strong. Become a strong currency does not mean able to become an international currency. This is because the countries that have currencies that do not necessarily have the economic and political stability is good. Yet to become an international currency, it takes a country withe conomic and political situation is stable, because as a currency National needed confidence of the world so the world use it. For example, the currency of the country of Iraq, the dinar.

Real money in our country can become an international currency, if people in Indonesia want to work together and compact. There are other steps we need to do to save our nation
1. which have deposits persevere with your deposit.
2. who own shares and derivatives, do not sell stocks and derivation.
3. not engaging in buying dollars.
4. do not panic. If you do not panic, then the crisis will quickly pass.
Use Domestic Production in all activities of life, with this step will rescue real sector, small businesses will thrive, and we can finally stand up and say we can live from our own country.

Why we have to use product others countries, whereas in Indonesia the product also did not lose competitiveness. In Indonesia too could be rich countries, as we have seen. In Indonesia has abundant natural resources, but why are the people who manage overseas.Is not that the wrong thing. Other countries are getting rich while Indonesia to be poor. I appeal to the Indonesian people to think ahead, do not depend on the ability of other nations. We must be optimistic, I'm sure we'll be fine. Some are forgotten, we must  eradicate the corruption. Corruption is one of a country shattered, in my opinion is "better to be a thief than to be a corruption", why? Because, people who rely solely on public money corruption, pretend to be good but her heart was like a ghost, full of mystery.









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