Why verify the monetary unit?
The primary functions of money are to serve as a medium of exchange, a unit of account and as a store of value; which means that money is supposed to represent purchasing power. When the monetary unit printed on our paper currency violates the concept of whole numbers by representing less (inflation) or more (deflation) purchasing power over time, then the primary functions of money are destroyed. For when we violate the concept of whole numbers, by allowing the purchasing power unit to represent a variable unit of purchasing power over time; then we begin to lose the ability to account for the purchasing power of our capital over time. It is necessary to verify the monetary unit to ensure that it represents a whole unit of purchasing power over time; which thereby allows us to substantially bring inflation and deflation under control. This principle of verification is the foundation upon which we can build stable monetary systems around the world, which can then interact with each oth
