shavedape
Well Known GateFan
The money seems to be a Earth Alliance thing, which seems to be a rather large government if it can dictate who gets what with things such as the railway system they want for defiance. Why they don't use more barter in the show, you got me there, they should as they are a semi-autonomous city. Quite frankly, I think the whole money issue has more to do with the game than the show itself. Would you prefer they used gold pieces instead dude?
Defiance isn't part of the Earth Alliance, which is one of the plot points of the show. The EA wants to swallow up Defiance and take away its autonomy. So why would the EA allow its currency to circulate in Defiance, unless of course they are doing so in order to woo Defiance into joining the EA. Once the citizens are "addicted" to using EA backed currency then the EA could essentially make bank notes in Defiance worthless with the stroke of a pen if Defiance didn't join them. Now, if this is the case with the story then we need to be told that. It's ridiculous that I, a casual viewer, had to come up with a plausible scenario to explain their currency.
--- merged: Jun 13, 2013 at 7:03 AM ---
The age of fiat currency started with Richard Nixon in 1972...yep. Never before was paper currency (or any currency) backed by nothing but air. US notes were backed by gold, then by silver, then in 1972, Nixon removed the gold standard making the bills essentially worthless. ALL of the world's currency is backed by nothing but debt. Essentially an IOU. This is why it must collapse eventually. Before, currency could be "cashed in" for something real. But today, most of the trillions in debt could not be cashed in for anything real. There is no need (or infrastructure) to allow fiat currency to exist in Defiance or anywhere else. The value systems have changed because of the terraforming and the arkfalls. Gold might be worthless in their world...perhaps it is now a rare crystal which has value...or an ArkBrain or perhaps certain metals. There in no intrinsic value attached to money.
The use of money in Defiance makes me angry as hell, just like it did in Terra Nova.
I would, yes. The idea that they are using fiat currency (bills) is ridiculous.
Exactly. Let's say I'm a shopkeeper in a post-apocalyptic town. There isn't a chance in hell that I'm going to take fiat currency because it's not backed by anything. In a hand-to-mouth existence kind of world bartering would be the top "currency". Then possibly a type of currency backed by something tangible like gold, or a useful resource. Fiat currency wouldn't even make the list.