response #1 - Cassie Morgan SIS-105-015 Professor Chong 2...

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Cassie Morgan SIS-105-015 Professor Chong 2 November 2007 Pages 317-325 in International Relations This section of the reading came coincidentally after I had just learned about the same topic in my Macroeconomics class. Except the topic of currency and its changing supply and demand seems strangely easier to understand when put into context of World Politics. The book did a fairly good job of explaining why currencies are always changing in value. Money truly is simple yet difficult to understand. It is simple to the every day person who is simply using money to make purchases. We tend no to think about interest rates and such when making purchases. But, for the economist and the businessman, money can be difficult because have to constantly watch the value of their money to make sure that they are getting their moneys worth. The book asks the reader to think about life without money. Life without money would be very different. Not only would it take forever to trade, but also the buyer may not always get what he really wants for the item he is selling. We would have to barter
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