I want to start blogging about my thoughts on the economic issues at hand using the goods and services approach rather than the monetary approach that is being done in the media. The monetary approach almost assumes a US$ or say a Japanese yen as something of an independent object itself and economic discussions are argued just based on the changes in this monetary object. The monetary object is man's creation to enable easier commerce and it does make it easier to analyse economic decisions but would lead to wrong conclusions if it is used as the sole parameter to compare various economic policies. I may not be making a lot of sense in the above sentence but my point of view should become more clear when I start discussing the monetary approach vs the goods & services approach in my blogs.