money [Theme] Page 1

You go to work to buy a house to raise children or to impress your dad... You work all your life and what do you get in return? Smiles

What is love, if you think about it? Has anyone been able to give a clear definition of love? Many people believe that love is when the happiness of a loved one is placed above one’s own and becomes the goal of one’s whole life. All this is very beautiful and romantic, but the reality is not as simple as romantics would like. It is very difficult to find a person whom you can make happy with impunity, without fear that he will sit on your neck. You give a woman flowers once, twice and a third time, and on the fourth she asks: “Where are the flowers?” and gets offended. You tell her “my money is your money”, she is happy, and then one day you find your wallet empty and she tells you that you don’t earn enough. You promise to devote all your free time only to her, and then Zhenya calls, says that there is an urgent matter, you take off and leave, and she throws a tantrum. Only stupid and inexperienced young men can believe that love is above all else; it is almost impossible to maintain such an opinion for a long time; over time, you inevitably become a cynic.

How much evil and grief our people endured from traders!

How can we consider only that which can bring money or prestige worthy of knowledge, and consider love, which only benefits the soul and is useless in the modern sense of the word, a luxury on which we have no right to spend much effort?

The value of money is a variable parameter. The dynamics of the value of money, determined by the quantity of goods, is characteristic only of real money, because the resulting excess of gold money settles in the form of an ordinary monetary commodity, whose name is gold. Symbolic money is monofunctional (unlike gold money, which is characterized by multifunctionality), it can be only money, and nothing else - it cannot turn into a commodity, as gold money easily did. Of course, it is easier to print money than to create real goods.

Carlos, a worker in the banking industry, proposed marriage to her on their first date. Gabrielle was touched by a man's stingy tears. However, she soon learned that tears accompanied all his major transactions.

Even in the ancient world, states mastered their most favorite pastime - making what only they were allowed to do: money. And nothing could stop them. It would seem that gold money (where was paper money before it!) should have objectively calmed down the money-creative activity of the state - not at all: through manipulations with the hallmark of gold coins, the state always had additional money. The people called some of the crown bearers that way: for example, Philip IV the Counterfeiter.

The state is an unusual, amazing market entity. All market entities, except the state, produce goods. The state is the only market entity that has a monopoly on the right to produce and actually produces a unique product - money. The state produces money, including for super-profitable expenses.

We know only three market subjects - the household (population), the firm (producers), and the government (the apparatus of government officials representing society and its economic interests). Households and firms must include their expenses into their income. They can, of course, spend more, but it will be borrowed money that must be returned within the agreed time frame, and with interest. Only the state is in a different situation - its expenses may exceed its income.

Banks are an integral part of the economic system. The essence of banking is to generate income from the disposal of temporarily free funds. Therefore, banks strive to attract the maximum number of depositors who agree to transfer money to the bank for temporary use for a certain fee, and then provide these funds for a higher fee and for a certain period of time to those who need them.

Cash has the property of immediate, direct exchange for any other asset with zero exchange costs. Cash is a completely liquid asset.

If gold money performed many functions, then paper money could only perform one function - means

Three centuries ago, substitutes for gold appeared in the form of paper money. And throughout this period, paper money truly represented gold, freely exchanging for it. And only in the 70s. XX century a grandiose, inevitable event occurred - money broke its connection with gold, the economy entered the era of paper

For a very long time, money was made of noble metals (gold and silver), which nature, as if specially created for this role. The physical properties of precious metals (homogeneity, strength, intrinsic value) ideally met the requirements for a monetary commodity. But, as soon as gold established itself in the role of money, it turned out that it did not necessarily have to participate in circulation, but could be replaced by any of its representatives.