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About Money



, one form of moneyMoney is any token or other object that functions as a [medium of exchange] that is socially and legally accepted in [payment] for goods and services and in settlement of [debts].Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value. Some authors explicitly require money to be a [standard of deferred payment]. amosweb.com

Money includes both [currency], particularly the many [list of circulating currencies] with [legal tender] status, and various forms of financial deposit accounts, such as demand deposits, savings accounts, and certificates of deposit. In modern economies, currency is the smallest component of the [money supply].

Money is not the same as real value, the latter being the basic element in economics. Money is central to the study of [economics] and forms its most cogent link to [finance]. The absence of money causes an economy to be inefficient because it requires a [coincidence of wants] between traders, and an agreement that these needs are of equal value, before a [barter] exchange can occur. The efficiency gains through the use of money are thought to encourage trade and the division of labour, in turn increasing productivity and [wealth].

Economic characteristics Money is generally considered to have the following characteristics, which are summed up in a rhyme found in older economics textbooks and a primer: "Money is a matter of functions four, a medium, a measure, a standard, a store."

There have been many historical arguments regarding the combination of money's functions, some arguing that they need more separation and that a single unit is insufficient to deal with them all. 'Financial capital' is a more general and inclusive term for all liquid instruments, whether or not they are a uniformly recognized tender.

Medium of exchange Unit of account A unit of account is a standard numerical unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary pre-requisite for the formulation of commercial agreements that involve debt.

  • Divisible into small units without destroying its value; precious metals can be coined from bars, or melted down into bars again.
  • [Fungible]: that is, one unit or piece must be exactly equivalent to another, which is why [diamond]s, works of [art] or [real estate] are not suitable as money.
  • A specific weight, or measure, or size to be verifiably countable. For instance, coins are often made with ridges around the edges, so that any removal of material from the coin (lowering its commodity value) will be easy to detect.


Store of value To act as a store of value, a commodity, a form of money, or [financial capital] must be able to be reliably saved, stored, and retrieved - and be predictably useful when it is so retrieved. Fiat currency like paper or electronic currency no longer backed by gold in most countries is not considered by some economists to be a store of value.

Market liquidity It is important for any economy to move beyond a simple system of bartering. Liquidity describes how easily an item can be traded for another item, or into the common currency within an economy. Money is the most liquid asset because it is universally recognised and accepted as the common currency. In this way, money gives consumers the freedom to trade goods and services easily without having to barter.

Liquid financial instruments are easily [tradable] and have low [transaction cost]s. There should be no--or minimal--[Bid/offer spread] between the prices to buy and sell the instrument being used as money.

Types of money In economics, money is a broad term that refers to any instrument that can be used in the resolution of debt. However, different types of money have different economic strengths and liabilities. Theoretician Ludwig von Mises made that point in his book [The Theory of Money and Credit], and he argued for the importance of distinguishing among three types of money: commodity money, fiat money, and credit money. Modern monetary theory also distinguishes among different types of money, using a categorization system that focuses on the liquidity of money.

Commodity money Commodity money is any money that is both used as a general purpose medium of exchange and as a tradable commodity in its own right.

Commodity based currencies are often viewed as more stable, but this is not always the case. The value of a commodity based currency as a medium of exchange depends on its supply relative to other goods and services available in the economy. Historically, gold, silver and other metals commonly used in commodity based monetary systems have been subject to regular and sometimes extraordinary fluctuations in purchasing power. This not only damages its stability as a medium of exchange; it also reduces its effectiveness as a store of value. In the 1500s and 1600s huge quantities of gold and even larger amounts of silver were discovered in the New World and brought back to Europe for conversion into coin. As a result, the purchasing power of those coins fell by 60% to 80%, i.e. the prices of goods rose, because the supply of goods did not keep pace with the increased supply of money. Galbraith, J.K., Money: Whence it came, where it went, Penguin, UK, 1975, p.20-21. In addition, the relative value of silver to gold shifted dramatically downward. Weatherford, J., "Indian Givers: How the Indians of the Americas Transformed the World", Ballantine Books, US 1988, p16 Such discoveries of huge sources of gold or silver are a thing of the past, and lend to their supply stability. More recently, from 1980 to 2001, gold was a particularly poor store of value, as gold prices dropped from a high of $850/oz. ($27.30 /g) to a low of $255/oz. ($8.20 /g). It should be noted that gold was not a currency at this time, and was fluctuating due to its status as a final store of value — that is, the price never goes to zero as fiat currencies inevitably do. The advantage of gold and silver, however, lies in the fact that, unlike fiat paper currency, the supply cannot be increased arbitrarily by a central bank.

It is also possible for the trading value of a commodity money to be greater than its value as a medium of exchange when governments attempt to fix exchange rates between different commodity monies. When this happens people will often start melting down coins and reselling the metal used to make them. This has happened periodically in the United States, eventually causing it to move away from pure silver nickels and pure copper pennies. Shipping coins from one jurisdiction to another so that they could be reminted was sometimes a lucrative trade before the advent of trusted paper money.

Commodity money's ability to function as a store of value is also limited by its very nature. Copper and tin risk rust and corrosion. Gold and silver are soft metals that can lose weight through scratches and abrasions, but this is nothing by comparison to fiat currencies, where billions of dollars can be injected ("printed") into the market within moments.

Stability aside, commodity-based currencies may have a tendency to restrain growth in a very active economy. For example, in order to maintain the price level, the supply of money in an any economy must be equal or greater than the volume of goods and services produced. If commodities are used as money, then the total production can easily outstrip the supply of those commodities, which leads to price deflation. The lower prices of goods would signal to their producers to reduce the supply of goods, hence restoring the price level. As such, production within commodity-based economies tends to be limited by the supply of the commodity currency. needed

This problem is compounded by the fact that money also serves as a store of value. This encourages hoarding (in other circumstances known as "saving")and takes the commodity money out circulation, reducing the supply. The supply of circulating commodity currency is further reduced by the fact that commodity moneys also have competing non-monetary uses. For example, gold and silver are used in jewelry, and nickel and copper have important industrial uses.

Commodity based currencies also limit the geographic extent of the trading market. To make large purchases either a large volume or a high weight or both of the commodity must be transported to the seller. The cost of transportation of the currency raises the transaction cost and makes long distance sales less attractive.

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Fiat money Fiat money is any money whose value is determined by legal means rather than the relative availability of goods and services. Fiat money may be symbolic of a commodity or government promises.

Fiat money provides solutions to several limitations of commodity money. Depending on the laws, there may be little or no need to physically transport the money - an electronic exchange may be sufficient. Its sole use is as a medium of exchange so its supply is not limited by competing alternate uses. It can be printed without limit, so there is no limit on trade volumes.

Fiat money, especially in the form of paper or coins, can be easily damaged or destroyed. However, it has an advantage over commodity money in that the same laws that created the money can also define rules for its replacement in case of damage or destruction. For example, the US government will replace mutilated paper money if at least half of the bill can be reconstructed. Shredded and mutilated. Bureau of engraving and printing. Last accessed 2007-05-09. By contrast commodity money is gone for good.

Paper money is especially vulnerable to everyday hazards: from fire, water, termites, and simple wear and tear. Money in the form of minted coins is sometimes destroyed by children placing it on railroad tracks or in amusement park machines that restamp it. In order to reduce replacement costs, many countries are converting to plastic bills. For example, Mexico has changed its twenty and fifty pesos notes, Singapore its $2, $5, $10 and $50 bills, Malaysia with RM5 bill, and Australia and New Zealand their $5, $10, $20, $50 and $100 to plastic for the increased durability.

Some of the benefits of fiat money can be a double-edged sword. For example, if the amount of money in active circulation outstrips the available goods and services for sale, the effect can be inflationary. This can easily happen if governments print money without attention to the level of economic activity or counterfeiters are allowed to flourish.

Perhaps the biggest criticism of paper money relates to the fact that its stability is highly dependent on the stability of the legal system backing the currency. Should the legal system fail, so would the currency that depends on it.

Credit money [Credit money] is any claim against a physical or legal person that can be used for the purchase of goods and servicesMises, Ludwig von. [The Theory of Money and Credit]. Indianapolis, IN: Liberty Fund, Inc.. 1981, trans. H. E. Batson, 1981. available from http://www.econlib.org/library/mises/msT1.html; accessed 9 May 2007; Internet. Chapter I, section 3, paragraph 25.. Credit money differs from commodity and fiat money in two important ways: It is not payable on demand and there is some element of risk that the [real value] upon fulfillment of the claim will not be equal to real value expected at the time of purchase.

This risk comes about in two ways and affects both buyer and seller.

First it is a claim and the claimant may default (not pay). High levels of default have destructive supply side effects. If manufacturers and service providers do not receive payment for the goods they produce, they will not have the resources to buy the labor and materials needed to produce new goods and services. This reduces supply, increases prices and raises unemployment, possibly triggering a period of stagflation. In extreme cases, widespread defaults can cause a lack of confidence in lending institutions and lead to [economic depression]. For example, abuse of credit arrangements is considered one of the significant causes of the [Great Depression] of the 1930s. Barry Eichengreen and Kris Mitchener. The [Great Depression] as a Credit Boom Gone Wrong]. Last accessed 2007-05-08.

The second source of risk is time. Credit money is a promise of future payment. If the interest rate on the claim fails to compensate for the combined impact of the [inflation rate] (or [deflation]) rate and the [time value of money], the seller will receive less real value than anticipated. If the interest rate on the claim overcompensates, the buyer will pay more than expected.

Over the last two centuries, credit money has steadily risen as the main source of money creation, progressively replacing first commodity then fiat money.

The main problem with credit money is that its supply moves in line with credit booms and bust. When lenders are optimistic (notably when the debt level is low), they increase their lendings activity, thus creating new money and triggering inflation, when they are pessimistic (for instance because the debt level is perceived as so high that defaults can only follow), they reduce their lending activities, bankruptcies and deflation follows.

Money supply The money supply is the amount of money within a specific economy available for purchasing goods or services. The supply in the US is usually considered as four escalating categories M0, M1, M2 and M3. The categories grow in size with M3 representing all forms of money (including credit) and M0 being just base money (coins, bills, and central bank deposits). M0 is also money that can satisfy private banks' reserve requirements. In the US, the [Federal Reserve] is responsible for controlling the money supply, while in the [Euro area] the respective institution is the [European Central Bank]. Other central banks with significant impact on global finances are the [Bank of Japan], [People's Bank of China] and the [Bank of England].

When gold is used as money, the money supply can grow in either of two ways. First, the money supply can increase as the amount of gold increases by new gold mining at about 2% per year, but it can also increase more during periods of gold rushes and discoveries, such as when Columbus discovered the new world and brought gold back to Spain, or when gold was discovered in California in 1848. This kind of increase helps debtors, and causes inflation, as the value of gold goes down. Second, the money supply can increase when the value of gold goes up. This kind of increase in the value of gold helps savers and creditors and is called deflation, where items for sale are less expensive in terms of gold. Deflation was the more typical situation for over a [century] when gold and credit money backed by gold were used as money in the US from 1792 to 1913.

Monetary policy Monetary policy is the process by which a [government], central bank, or monetary authority manages the [money supply] to achieve specific goals. Usually the goal of monetary policy is to accommodate economic growth in an environment of stable prices. For example, it is clearly stated in the [Federal Reserve Act] that the [Board of Governors] and the [Federal Open Market Committee] should seek “to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.” The Federal Reserve. 'Monetary Policy and the Economy". Board of Governors of the Federal Reserve System, ([2005-07-05]). Retrieved [2007-05-15].

A failed monetary policy can have significant detrimental effects on an economy and the society that depends on it. These include [hyperinflation], [stagflation], [recession], high [unemployment], shortages of imported goods, inability to export goods, and even total monetary collapse and the adoption of a much less efficient barter economy. This happened in Russia, for instance, after the [History of the Soviet Union (1985-1991)].

Governments and central banks have taken both regulatory and free market approaches to monetary policy. Some of the tools used to control the money supply include:

  • currency purchases or sales
  • increasing or lowering government spending
  • increasing or lowering government borrowing
  • changing the [interest rate] at which the government loans or borrows money
  • manipulation of [exchange rate]s
  • taxation or tax breaks on imports or exports of capital into a country
  • raising or lowering bank reserve requirements
  • regulation or prohibition of private currencies


For many years much of monetary policy was influenced by an economic theory known as monetarism. [Monetarism] is an economic theory which argues that management of the money supply should be the primary means of regulating economic activity. The stability of the demand for money prior to the 1980s was a key finding of [Milton Friedman] and [Anna Schwartz] supported by the work of [David Laidler], and many others.

The nature of the demand for money changed during the 1980s owing to technical, institutional, and legal factors and the influence of monetarism has since decreased.

==History of money==The first golden coins in history were coined by [Lydia]n king [Croesus], around 560 BC. The first Greek coins were made initially of [copper], then of [iron] because copper and iron were powerful materials used to make weapons. [Pheidon] king of [Argos], around 700 BC, changed the coins from iron to a rather useless and ornamental metal, [silver], and, according to [Aristotle], dedicated some of the remaining iron coins (which were actually iron sticks) to the temple of Hera. King Pheidon coined the silver coins at [Aegina], at the temple of the goddess of wisdom and war [Athena] the [Aphaia] (the vanisher), and engraved the coins with a [Chelone], which is to this day as a symbol of[capitalism]. Chelone coins were the first medium of exchange that was not backed by a real value good. They were widely accepted and used as the international medium of exchange until the days of [Peloponnesian War], when the Athenian [Drachma] replace them. According other fables, inventors of money were [Demodike](or [Hermodike]) of [Kymi] (the wife of [Midas]), [Lycus] (son of [Pandion II] and ancestor of the [Lycia]ns) and [Erichthonius of Athens], the [Lydia]ns or the [Naxos, Greece].

See also [:Category:Money]
  • [Economics]
  • [List of finance topics]
  • [Coin of account]
  • [Counterfeit], for [Counterfeit#Counterfeiting of Money]
  • [Credit money]
  • [Currency market]
  • [Debt-based monetary system]
  • [Electronic money]
  • [World currency]
  • [Federal Reserve]
  • [Fractional reserve banking]
  • [Full reserve banking]
  • [Labor-time voucher]
  • [Local Exchange Trading Systems]
  • [Numismatics] - Collection and study of money
  • [Seignorage]
  • [Standard of deferred payment]
  • [Free Market]
  • [Gift economy]
  • [Wealth]
  • [Usury]


References

External links
  • Current Currency Exchange Rates by boc
  • Linguistic and Commodity Exchanges by Elmer G. Wiens. Examines the structural differences between barter and monetary commodity exchanges and oral and written linguistic exchanges.


Information Reference: Wikipedia.org


Money

Questions and Answers

Money £££££?

Q) Whats the most amount of money you have found? I found a crisp £20 note once but had to split it with my friend.

A) We found a wallet on the floor in our local Asda last Christmas, it had a huge wad of money in it but we didn't count it, I would guess it was about £500 or so, we handed it in to the customer service desk and left our name and phone number, an hour or so later a guy phoned us to thank us for been so honest, it was his kids Christmas present money and he was nearly crying with gratitude, he said he had left us a bottle of wine and box of chocolates with customer services as a thank you, glad it was us that found it and handed it in, my hubby had his wallet nicked in Dublin last year and I know how upset that made us feel even though they were little money in it at the time thankfully.

money??????

Q) whats a good way to make money...besides having a good job?

A) There are some sites that pay you well... they're free and if you're sitting in front of a computer for a few hours a day then they should work out for you too. http://www.cashcrate.com/index.php?ref=157766 and http://www.mylot.com/?ref=erin77 Here's one that may or may not pay out in the end, but it only takes about 2 min to sign up so I figured it was worth a shot. http://www.agloco.com/r/BBBM4707

Money £££££?

Q) Whats the most amount of money you have found? I found a crisp £20 note once but had to split it with my friend.

A) 50.000 Greek drachma (then it was equivalent to about a hundred pounds.

Money.....?

Q) Why cant money grow on trees?

A) Because then it wouldn't be worth anything.

money??????????????????

Q) how can i make some money from the internet yes i no about ebay

A) There are various websites which: - give you cashback on purchases - allow you to perform searches each day and pay you for doing so. Using the latter you get "free money" (or you could think of it as being paid for your time). You're not going to get rich doing these, but you can get some useful beer money depending upon how many you do. Try the links below and sign up to any or all of the sites. Each day you can do the "Daily" or "Recurring" searches (terminology depends on the site) and you'll gradually build up free money. NB Don't sign up to lots of them straight away. Start with 1 or 2 until you get the hang of it and sign up for others once you've got used to using the sites quickly.

Money.....?

Q) Do you think employers put obtaining as much money as they can before the well being of their employees?

A) Definately - and everybody else. ie/ mu hubby works in a residential home and the resident pay £800-1500 per week to stay there and the owners STILL pay as little as possible and bring in as few staff as possible. So Money making people/companies put profits before EVERYTHING.

how u can make easy money using paypal?

Q) s Oprah Did A Show On This Topic, It Really Works MAKE FAST MONEY WITH PAYPAL !! Please Read on, this will change your life!!!!! LET ME TELL YOU THAT THE FOLLOWING SCHEME WILL CHANGE YOUR LIFE IF READ CAREFULLY AND FOLLOWED HONESTLY. THOUSANDS HAVE EARNED AND MUCH MORE ARE EARNING .DONT MISS OUT THIS ONE. PAYPAL VERIFIES THAT THIS $6 INVESTMENT SCHEME IS 100% LEGAL AND IS A BIG HIT THIS YEAR. SEE THEIR NOTE BELOW OR ASK THEM DIRECTLY... THIS SCHEME MIGHT TAKE 15-30 MINUTES AND JUST $6, BUT IT IS 100% WORTH IT TO MAKE THOUSANDS SO QUICKLY. THIS IS NOT ANOTHER SCAM THAT TAKES LOTS OF YOUR HARD EARNED MONEY; THIS IS A NO RISK INVESTMENT THAT WILL MAKE YOU THOUSANDS OF DOLLARS VERY EASILY AND QUICKLY. From PayPal: "Dear Member, it has come to our attention that there is a paypal scheme floating around at the moment you may have heard or seen the $6 scheme. You may have even taken part in it. Well we have been asked a lot of questions about this scheme. The answer is yes, it does work and yes it is safe to use, providing you follow the rules. It is legal and has made a big hit on the internet this year. If you would like to take part in this scheme or would like a bit more information ,then please see the attached file that was kindly donated to us. Thank you for using PayPal!" TURN $6 INTO $15,000 IN ONLY 30 DAYS...HERES HOW. "What an amazing plan! I followed your instructions just 3 weeks ago, and although I haven't made 15 grand yet, I'm already up to $9,135. I'm absolutely gob smacked." -Pam Whittemore , Ohio Let's get started, just follow the instructions exactly as set out below and then prepare yourself for a HUGE influx of cash over the next 30 days! Here's what you need to do. . . REQUIREMENTS ..1) an email address ..2) a Premier or Business PayPal account STEP ..1 - Setting up your FREE PayPal Account It's extremely safe and very easy to set up a FREE PayPal account! Copy and paste this to the address bar (notice the secure "https" within the l STEP ..2 - Sending PayPal money "It is an undeniable law of the universe that we must first give in order to receive." Now all you have to do is send $1.00 by way of PayPal to each of the six email addresses listed below. Make sure the subject of the payment says... *PLEASE PUT ME ON YOUR EMAIL LIST* (this keeps the program 100% legal.. so please don't forget!) Note: (If you do not see the full email address for the 6 members, just hit reply To this email and they will show up.) (Just in case you still haven't opened your PayPal account yet, use this link to open one in your name), 1. vzeoyu39@verizon.net 2. pridefightgear@yahoo.com 3. Ladybug40123@yahoo.com 4. ice022590@hotmail.com 5. michael_s_1968@yahoo.com 6.thegmen2192@gmail.com Remember, all of this is ABSOLUTELY LEGAL. You are creating a service! If you have any doubts, please refer to Title 18 Sec. 1302 & 1241 of the United States Postal laws. STEP ..3 - Adding Your Email Address After you send your six $1.00 payments, it's your turn to add your email address to the list! Take the ..1) email off the list that you see above, move the other addresses up one (6 becomes 5 & 5 becomes 4, etc) then put YOUR email address (the one used in your PayPal account) as ..6) on the list. **MAKE SURE THE EMAIL YOU SUPPLY IS EXACTLY AS IT APPEARS IN YOUR PAYPAL ACCOUNT.** STEP ..4 - The Pure Joy of Receiving PayPal Money! You are now ready to post your copy of this message, to at least 200 newsgroups, message boards, etc. (I think there are close to 32,000 groups) All you need is 200, but remember, the more you post, the more money you make - as well as everyone else on the list! In this situation your job is to let as many people see this letter as possible. So they will make you and me rich!!!! You can even start posting the moment your email is confirmed. Payments will still appear in your PayPal account even while your bank account is being confirmed. HOW TO POST TO NEWSGROUPS & MESSAGE BOARDS Step..1) You do not need to re-type this entire letter to do your own posting. Simply put your CURSOR at the beginning of this letter and drag your CURSOR to the bottom of this document, and select 'copy' from the edit menu. This will copy the entire letter into your computer's temporary memory. Step ..2) Open a blank 'Notepad' file and place your cursor at the top of the blank page. From the 'Edit' menu select 'Paste'. This will paste a copy of the letter into notepad so that you can add your email to the list. Step ..3) Save your new Notepad file as a .txt file. If you want to do your postings in different sittings, you'll always have this file to go back to. Step ..4) Use Netscape or Internet Explorer and try searching for various newsgroups, on-line forums, message boards, bulletin boards, chat sites, discussions, discussion groups, online communities, etc. EXAMPLE: go to any search engine like yahoo.com, google.com, altavista.com, excite.com - then search with subjects like ?millionaire message board? or ?money making message board? or ?opportunity message board? or ?money making discussions? or ?business bulletin board? or ?money making forum? etc. You will find thousands & thousands of message boards. Click them one by one then you will find the option to post a new message. Step ..5) Visit these message boards and post this article as a new message by highlighting the text of this letter and selecting 'Paste' from the 'Edit' menu. Fill in the Subject, this will be the header that everyone sees as they scroll thru the list of postings in a particular group, click the post message button. You're done with your first one! Congratulations! THAT'S IT!! All you have to do is jump to different newsgroups and post away. After you get the hang of it, it will take about 30 seconds for each newsgroup! REMEMBER, THE MORE NEWSGROUPS AND/OR MESSAGE BOARDS YOU POST IN, THE MORE MONEY YOU WILL MAKE!! BUT YOU HAVE TO POST A MINIMUM OF 200** That's it! You will begin receiving money within days! **JUST MAKE SURE THE EMAIL YOU SUPPLY IS EXACTLY AS IT APPEARS ON PAYPAL.** So can you afford $6?? And see if it really works?? I think so? People have said, what if the plan is played out and no one sends you the money? So what are the chances of that happening when there are tons of new honest users and new honest people who are joining the internet and newsgroups everyday and are willing to give it a try? Estimates are at 20,000 to 50,000 new users, every day, with thousands of those joining the actual Internet. Remember, play FAIRLY and HONESTLY and this will work. This really isn't another one of those crazy scams! As long as people follow through with sending out $6.00, it works!

A) this is a well known scam. just do a search about it and you will see that it's a scam.

Where do you think money comes from?

Q) I've recently been introduced to the concept that money is debt. Governements don't just print money notes, they authourise Banks to create money by arranging loans. The money doesn't exist before the Bank arranges the loan, then when a person promises to pay back the loan and signs on the dotted line, the money is keyed in and becomes new money. In this way, banks earn interest on money they lend out that never existed before they lent it. They earn interest money on money they don't have. And it's legal! How long can this go on? The requirement for paper money to be backed up by gold, silver or other precious commodity does not apply anymore. The Government has made it legall for Banks to literally create money from nothing and charge interest on it. I object because a) money with nothing to back it up has no real value and b) To pay the banks their interest, we have to keep using up finite resources to fuel exponential growth. This is not sustainable, and with a declining oil supply, could result in a huge worldwide economic collapse in the near future. We need to build SUSTAINABLE economies if we are to avoid disaster.

A) The person creating the money is the one taking the loan. The interest the banks charge is the price of their own services. The higher the prices of ''virtual services'' the higher the inflation, the weaker the currency at the international market. And you are right - this does make an individual/country poorer. And yes, the situation leads to a crisis, as resources are finite. This, however, is not illegal, it's just very stupid. It has happened before, it will happen again. The good thing so far is that it does not happen at the same time in every country. So, figuratively speaking, when a country fails, another one takes off. Bottom line is, if no one on Earth manages to create a working economy based on renewable resources, we are all doomed.

It is true that with the money is achieved all in the life?

Q) The question arises of many people that achieves all the things with money, but other or not? Is true that the money is liberty? Some they say that you return a prisoner of money, some they justify that not all the things should achieve them with money because not all the happiness they are found in the money? Is perhaps the money a friend? The money besides that has been a need, the people feels anxiety by the money, there is people that treats it as a friend and says that with the achieves all in the life ¿ will be certain? but your you believe that the money be worth more than the life? There is people that says that the money is not it all!!! you give us your opinion of the theme: It is true that with the money is achieved all in the life?

A) No it is not true that with money all is achieved in life. yes with money you can lead to a comfortable life with all the facillities. but at the same time satisfaction and peace of mind are the necessary things because without those things there is no meaning to life...

Is taxpayers' money synonymous with government money?

Q) When it comes to government's use of money, the word taxpayers' money is very common. Perhaps its implication is that governments have to spend money carefully because the money is not simply for those in power to waste. However, sometimes I also see the word 'goverment money', and then, 'state money'. Can anyone explain the different implications, if any, of these words?

A) They only use the term "taxpayer's money" when they're campaigning and need to make us think they are working for us. When the camera's are off and when the bureaucrats talk, it is "their" money or "government" money. All they see us as is milch cows to squeeze a little more out of.

Money??????

Q) I'm 16 right. And I have about $1000 saved up. Instead of being in straight cash. Its all in a savings account. I really want an HDTV for my PS3 (the graphics are supposed to look awesome). Possibly my parents could might buy it for me, but I don't know how long that's gonna take. I have the money, i just feel uncomfortable spending so much money. Something tells me i should save up. But for what? it took me a long time to get this money. And there is other stuff other than an HDTV that I want. I already have a car, but I should save.for more important things I guess.

A) I'd go with the save your money. 1 - Like the person said, TV technology is changing rapidly now. 2 - It will help you build your character if you don't get everything you want. 3 - It is a good time to learn about finances and purchasing what you need and what you can afford. The TV is not a need. 4 - Save for... An education, transportation, insurance, books, dates. How about saving for the future? (you are young)

Money?????

Q) I am 12 years old and trying to make money. I've given out flyers for a carwash, babysitting, and have asked my mom for something I can do. Nobody wants or needs my assitance, but I still would like money. Do you have any ideas for me? I have a response to the person who said "YOU WANT A JOB try volunteer work"... I do not want to do volunteer work because I would like to make money (my parents don't and will never give me an allowance) also my mom works at an animal shelter so I volunteer all the time. knight900: Where I grow up it is important to make money. I really want to buy things and have money for friday nights. I just wish people would stop saying I'm too young, just because I'm young doesn't mean I can't work.

A) Offer to mow lawns and do yard work. If no one in your neighborhood wants your services, go to the nicest neighborhoods around and knock on doors, put up flyers...

Money?????

Q) I am 13 and need to earn $500 for a wii. I need to earn the money before september. How can I? what can I do? Id appreciate it if u would answer!!!!! I DON"T want to earn money online

A) Get a lawn mower and start knocking on some doors to cut grass.

Money...................?

Q) How is American Money different from money in Brazil?

A) apart from what's been said, I'd add that American Money have been Dollars for ever, since the beginning while Brazilian money just change from one denomination to the next. I knew about the Cruzeiros but I bet there have been a few different ones since. Also, if you have a million American dollars today, you can bet that you will always be able to buy at least 20 brazilian homes, but if you have money today to buy 20 brazilian homes in the brazilian currency then you don't know if you will still be able to buy 20 homes in three months, perhaps not even a sack of carrots, who knows. It has happened before, same with Argentinian money. Mind you, it has happened to the Germans too but let's say it seems to be chronic with Brazil.

money?????

Q) My 15 year old son left for Washington DC this morning for 5 whole days! I gave him $300 for spending money-do u think this was a fair amount??? He said others were taking $600 or $700 BUT hey the trip cost $600 by itself! I think $300 is good for spending money for a 5 day trip. How about you?

A) That is far more than enough. If you think about it, that's enough for $20 a meal, which is more than enough.

Money~!~!~?

Q) Quick way to raise lots of money???? I need to know soon!!! loottttsss of money!!

A) Well, here's an efficient way 2 earn easily & quickly. Moreover, d site is 100% spam free. Dey pay 4 real http://tinyurl.com/yu74wa Check dis out right now! Try dis as well http://tinyurl.com/3626x3

Money.......?

Q) We all know and understand that to live life as we do requires a little work. So why can't we do just that. Instead of complicating things with this thing called money. Nobody ever has enough of it to do what they want. And yet everything is there for the taking. Humans on the whole are good. We like to help people. We don't like to see people suffer. So why can't we just abolish money and get on with living ?

A) Money doesn't cause greed. Have you ever seen one dog growl at another that gets too close to his food bowl? He's not asking for money. To eliminate money, you'd have to eliminate ownership entirely. Just trying to go to a barter system wouldn't eliminate money, but it would show you why money is useful. As in Just2's examples, if you're going to trade some tomatoes for a car, the tomatoes have become money for that exchange. The person trading the car now has more tomatoes than he wants, so he's probably going to trade them for something else, which will have to be valued in tomatoes. Eventually even the barter system will tend to identify a common commodity that everyone benchmarks their product against, and that becomes money. The only way to eliminate money entirely is to eliminate ownership. If you haven't any more claim to your tomato crop than anyone else does, it won't be long before you spend more time raiding other gardens than you do tending the one you used to call your own.

money..?? (:?

Q) ok. i NEED to earn some money to pay at least half the money to go on 2 school trips. its gonna be about $300. i have $100 already.. but. theres still about $100 more $ id like to pay.. i mean,, my parents could pay it all,, but i realize that i get almost everything i want,, && i rele dont deserve it. i think this time i should earn it. also.. i think itd show my mom that i can be responsible. she doesnt rele trust me that much these days (thats another story) so.. plus. id like to prove her wrong for once,, then maybe shed give me the [[true]] love (i know it sounds cheesy) i havent rele felt in the past few years.. ya know what i mean?? thanks in advance.. ((:

A)

Money???????

Q) Does anyone know a way to make money at working from home??? If so give me some ideas and let me know how you found out..... This is not a joke I am a stay at home mother and my kids go to school but I stay home still untill they are out and I stilljust want to find a way to earn some more money other than my husband! Ok I like the whole "money whats that" answer but the one about researching chick that was kinda mean and rude dontcha think??? I am still kinda new to all this and am still finding all that stuff out! I am closing this cause I have no idea what most of you are talking about anyway but someone emailed me with the idea of "phone actress" lol so thats enough!

A) I have a home business opportunity and it is nothing inappropriate, I assure you. I will be happy to send you some info if you email me.

Money?????

Q) How can a 13 year old kid get money.

A) maybe a part time job or do a lawn care or baby sitting!!!!^_^

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