Money makes the world go around. Stop the world I want to get off.

Economics is a gauge people use to find a value or number to place on everything, so that it can be equated to other things. Do you need economics to live? Do you need to know about economics for your everyday tasks? Does everybody do some economics every day?

We are not individuals we are a network. We go about our day to day life as a network. We live in networks we party in networks we are part of a network in our job. Basically we need others. We need friends, lovers, we need someone to answer the phone when we call.

We trade in product every day. We hand over our time to our employer and in return we receive some reward. This trading goes on 24/7 all over the world. Go back in time and we know that there were markets where people would come together and trade their wares. All of this trading needed a value. In the beginning was a pig was about three chickens and a carrot. There was already a value belief system like a barter system. All we have done is put the word currency as the name and money as the value equivalent. This meant that if you wanted a pig you can still get it with money even if you did not have three chickens and a carrot they were the equal value to three chickens and a carrot. This was firstly commonly agreed upon as some items changed importance depending where the market was and who was selling it. But over time the currency was accepted as the form of trade.

This economics was so necessary that currency was born in many different places on the planet without being influenced by other countries. That is why we still have today the Chinese currency, the British currency and so on. Very quickly there were currency exchange values as more and more trading took place across these divides.

Why are we now suffering now with this economic crisis?