Create my own money? Lets assume the following: I am king of my own country and it

Lets assume the following:
I am king of my own country and it has no currency. I create my own currency.

A) what do I enjoy to do to have my currency internationally permitted?

B) How is the value of my own money set compared to the USD and the Euro and who does this?

C) Can you show me resource wesbites or articles?

Thanks plentifully

this is interesting. and i hope serious answers for this. OK Saddam, give up the notion now or the U.S. will invade your neighborhood.

A) Set a gold ingots standard for your money.
B) Make each coin out of gold ingots and make respectively NOTE a promise to pay contained by gold.
C) The efficacy of your money in relation to other monies will be base on the value of gold ingots.
D) No

The value of money is base upon the people's believe in what it is worth. Nothing else.

The standard does not enjoy to be gold, but a standard must be set.

Monies that own a standard, will vary within value base upon the value of that standard.

Monies that do not enjoy a standard, will vary contained by value base upon other factors that hold no relationship to a standard.

Answers: Wow, This is not a small business at all.
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