What is the Difference Between Commodity Money and Representative Money?
Question by pjanu: What is the difference between commodity money and representative money? A) Commodity money consists of objects used as money that contains their own value, but representative money is a specific group of the commodity objects B) Commodity money consists of objects that have value in and of themselves, but representative money makes use of objects because the holder can exchange them for something else of value C) Representative money allows objects to be exchanged for something else, but commodity money has value because the government decreed it is an acceptable means to pay debts D) Representative money consists of objects that have value in and of themselves, but commodity money makes use of objects because the holder can exchange them for something else of value
Best answer:
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Mark Knopfler (lead guitar, lead vocals), Eric Clapton (Rhythm guitar), Phil Collins (drums), Sting (backing vocals) —
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Academy Award(R)-winner Paul Newman and Academy Award(R)-nominee Tom Cruise ignite the screen in this powerful drama. Brilliantly directed by Martin Scorsese, Newman re-creates one of his most memorable roles from THE HUSTLER. As Fast Eddie Felson, he still believes that “money won is twice as sweet as money earned.” To prove his point, he forms a profitable yet volatile partnership with Vince (Cruise), a young pool hustler with a sexy, tough-talking girlfriend (Mary Elizabeth Mastrantonio). But when Vince’s flashy arrogance leads to more than a few lost matches, all bets are off between Eddie and him. THE COLOR OF MONEY will electrify you with its suspenseful story, dazzling cinematography, and dynamic performances. —
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How is Money Released in the Market? How, on What Basis and How Much Money is Released?
Question by aks: How is money released in the market? How, on what basis and how much money is released? Government makes money (literally). But then there must be something productive done for a society to prosper so people serve each other through some service or product. However as such I or you cannot create money to pay for someone’s service/product. How is money created by governent released in market, on what basis government releases money? What is role of RBI ? when government releases moeny in market is it buying something in return but then who does it buy from ? Somehow, somewhere services/products created by society are finally getting to RBI (so that it can release money) but how ? Please explain.
Best answer:
Answer by vampire_kitti money is released through banks. some money is made to replace old, torn money. other money is made for new gold mined. your money is literally a representation of how much government gold you own, that’s why rising gold prices are the first sign of inflation.
Answer by gaurav j WELL,ITS TOTALLY RELATED TO THE AMOUNT OF GOLD THE NATION HAS!ALL THE GOLD IS MEASURED IN THE INTERNATIONAL MARKET BY A SINGLE UNIT(SAME FOR ALL THE COUNTRIES)AND THYEN THEY ARE NOT SUPPOSED TO MINT MONEY MORE THAN THE PRESCRIBED AMT. ( I HOPE ITS CORRECT ! )
Answer by thenewrevolutionary At first I started answering your comments after the question but that would take forever to explain the scam.
Money or credits are released into the ‘market’ through banks on the basis and the amounts determined by the rich people that control those banks and ‘our’ government. Since the people that choose to use money to enable their trades of goods and services, are separated socially and economically and have little or no control over the government, these rich people can continue to survive and entertain themselves at our expense by manipulating numbers.
Our society is not prospering it is going further into ‘virtual debt’ that started before most of us were born. I say virtual debt because the only people you end up owing are the few people that own or control the banks. How can billions of people owe them? When you choose not to pay this debt you declare bankruptcy. Bank is not part of that word by accident.
The people must unite or continue to be fleeced and slaughtered like sheep.
Know better? Leave your own answer in the comments!
*Lyrics* Money (Waters) 6:32 Money, get away. Get a good job with good pay and you’re okay. Money, it’s a gas. Grab that cash with both hands and make a stash. New car, caviar, four star daydream, Think I’ll buy me a football team. Money, get back. I’m all right Jack keep your hands off of my stack. Money, it’s a hit. Don’t give me that do goody good bullshit. I’m in the high-fidelity first class traveling set And I think I need a Lear jet. Money, it’s a crime. Share it fairly but don’t take a slice of my pie. Money, so they say Is the root of all evil today. But if you ask for a raise it’s no surprise that they’re giving none away. “HuHuh! I was in the right!” “Yes, absolutely in the right!” “I certainly was in the right!” “You was definitely in the right. That geezer was cruising for a bruising!” “Yeah!” “Why does anyone do anything?” “I don’t know, I was really drunk at the time!” “I was just telling him, he couldn’t get into number 2. He was asking why he wasn’t coming up on freely, after I was yelling and screaming and telling him why he wasn’t coming up on freely. It came as a heavy blow, but we sorted the matter out” Please tell me songs that you would like me to put on they must be classic rock. Just post a channel comment here is how to do it. Name of song: Name of artist: Just fill that out thanks —
Money – Pink Floyd from the Dark Side of the moon in HD quality [Lyrics] Money Get away You get a good job with good pay and you’re okay Money It’s a gas Grab that cash with both hands and make a stash New car, caviar, four star daydream Think I’ll buy me a football team Money Well, get back I’m all right Jack Keep your hands off of my stack Money It’s a hit Don’t give me that do goody good bullshit I’m in the high-fidelity first class travelling set I think I need a Lear jet (amazing solos) Money It’s a crime Share it fairly But don’t take a slice of my pie Money So they say Is the root of all evil today But if you ask for a raise It’s no surprise that they’re giving none away “HuHuh! I was in the right!” “Yes, absolutely in the right!” “I certainly was in the right!” “You was definitely in the right. That geezer was cruising for a bruising!” “Yeah!” “Why does anyone do anything?” “I don’t know, I was really drunk at the time!” “I was just telling him, he couldn’t get into number 2. He was asking why he wasn’t coming up on freely, after I was yelling and screaming and telling him why he wasn’t coming up on freely. It came as a heavy blow, but we sorted the matter out” —
Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. www.niallferguson.com Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it’s the sinews of war. To revolutionaries, it’s the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What’s more, he reveals financial history as the essential backstory behind all history. Through Ferguson’s expert lens familiar historical landmarks appear in a new and sharper financial focus. Suddenly, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world’s first modern bond market over insolvent Habsburg absolutism. And the origins of the French Revolution are traced back to a stock market bubble caused by a convicted Scot murderer. With the clarity and verve for which he is known, Ferguson elucidates key financial institutions and concepts by showing where they came from. What is money? What do banks do? What’s the difference between a stock and a bond? Why buy insurance or real estate? And what exactly does a hedge fund do? This is … —
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