Assume that Alberta has declared its independence...

Create a collage of images showing Alberta's currency and banking system in the new country. Number each image and provide a brief explanation of what each image shows about Alberta. Use the images to explain the currency in the new country.

Consider the following:

• What should Alberta's money be? Fiat or commodity money? Bitcoin? Relate to the characteristics of money.
• What does an independent Alberta need to put in place to ensure that Albertans recognize and use the money?
• What would you call Alberta's Central Bank. What would they do and who would run it?
• What if Alberta uses US money? Canadian money? Does it matter if Alberta is not a member of either country?
• Explain the pros and cons of using another country's currency.