Weekly Reflection #5

I liked thinking about the prisoner's dilema this week. It was fun to contemplate wht decisions people would make based on strictly trust or fear. I also do not understand why China has not tried to invade Taiwan recently. The relationship between China and Taiwan seems both threatening, and safe due to all of the talk with little action.

Weekly Reflection #4

The thing that I learned this week that I liked the most, is thefact that people actually control the value of currency. I just thought that currency was all based on pretty much their number value, but I like that it is dependant on people's faith rather than the amount of money in circulation. However, it does scare me that any country's people can just freak out and determine their country is worthless, like what happened in Greece. I also liked that there is a website that compares currency values by using Bigc Macs.

Weekly Reflection #3

Money is a very strange topic that we have discussed in class. I believe that people do have to believe in their currency to give it value, but I believe that people stand behind this belief because they feel that their money symbolizes the work that they have done. In this way, the money a person has will equal their worth in society as well. I feel that paper money is definitely going to be replaced soon. Electronic money seems to make more sense, because thats basically what we use now anyway.

Weekly Reflection #2

I thought that the rebellion in Tiananmen Square got waaayy too out of control. I felt that the hunger strike was pushing it a little too far, but the government one-upped this over-reaction by proceeding to unload millitary arms on the defenseless students. I also thought it was really stupid when one of the students suggested they start burningthemselves in protest. I felt likeif the government was already killing people in the square, why would they care if you light yourself on fire? Also, dealing with the interview with Jiang Zemin, I felt like he was a two-faced, annoying little guy. Hewould keep saying one thing while doing other things, and overall did not seem like he was fun to deal with.