why Money is Valued

taken from the Book Of Facts
written by Readers Digest


Money by itself is not wealth, it is a means by which people can exchange goods that do have Value.
while a pile of banknotes is being kept in an attic by a miser and never exchanged for anything, it is worth less than a heap of old rage.
Money is a promise, a piece of trust which is passed from hand to hand and can be stored without perishing.
it has Value only if the trust lasts.
to be trusted, money, it seems must be of limited supply if there is too much, people trust it less. they then want more and more of it in return for goods.
it can become practically worthless, as in times of Chronic inflation. if there is too little then people cannot expand their activities because they cannot find the 'credit' in the form of loans to keep themselves going while they develop new ventures.this can lead to economic depression, or recession, which means not enough things going on, not enough money in peoples pockets to cause 'demand' for goods, and not enough jobs.


My personal Opinion;


  money has always been the cause of wars, Money is more or less worthless without the rear minerals to back it up - but people still make it and die for it - if you don't have it you want it - if you have it you want more - and all it is - is a colored peace of paper.

 credit is an alternative but it still has all the same problems - for me i prefer the barter system - you get something for something - usually work for a roof and food.