There will always be money.
In this current economic system of the world; there will always be money.
From ancient history to modern times, there has always and there always will be money
Ancient Egyptians used precious metal as money by weight long before minting coins started in Turkey, Romans refined the use of coins, The Chinese were the first to use paper money starting from leather strips depicting banknotes to modern eras where electronic use has simplified money to numbers on a bank screen.
All economies from capitalist to socialist to communist, have different beliefs and ideologies but all agree on one thing and that is the use of money as a means of exchange and a store of value.
Let’s redefine money for what it is.
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Money is a medium of exchange and it is used as a store of value.
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In simple English: Money is what you use to get other things and what you use to measure the worth of something.
In this article we’ll cover 3 things.
Money is like water. It is everywhere and in circulation.
All the Money you will ever need is in circulation
All the money you have ever spent still exists.