Prompt: What if all currency was replaced with cookies. More valuable cookies have more value and worth while cheap cookies are low forms of cash. Freshness and condition of the cookies also plays a role in the value (fresh, condition=value)
At first the wealth among countries wouldn't change much. The pre-wealthy countries already had enough resources to keep the cookie production flowing at first while the poorer countries don't have the resources to produce cookies at the same speed other countries can. The import cost of cookie components would eventually increase in cost and the countries that produce the ingredients would gain wealth quickly while the ones dependent on the importing of ingredients would lose money and go into poverty.
As with all human progress, there would be challenges to overcome in order to reach the best possible outcome. When the cost of ingredients get too high, people will start making cookies out of non-regulated cookie ingredients, essentially making counterfeit and illegal wealth. Another problem would be inflation of cookies for countries rich in ingredients. There would need to be regulations on the amount of cookies or the value of batches of cookies produced by the general public.
This is an interesting idea. I wonder how this would play out if it became an international currency.
ReplyDeleteThis is a very interesting concept. Also what if you just wanted to eat a cookie would you be allowed too?
ReplyDeleteI personally don't think that relying on imported supplies would drive a country into poverty. Also, would this new form of currency mean that my grandmother has committed a federal crime by producing currency from her own home?
ReplyDeleteI love the idea of having cookies as currency. I do not understand how people could counterfeit a cookie, though. I also think that spongatrons would make for a better currency.
ReplyDelete