What's the money? What's Is us dollar?

                                                      

                                      What's the money?

অর্থ এমন কোনও বস্তু যা সাধারণত পণ্য এবং পরিষেবাদির জন্য অর্থ প্রদানের জন্য গৃহীত হয় এবং প্রদত্ত দেশে বা সামাজিক-অর্থনৈতিক প্রসঙ্গে ঋণ পরিশোধের জন্য। অর্থের প্রধান ফাংশনগুলি আলাদাভাবে বিনিময় করা হয়: বিনিময় মাধ্যম; অ্যাকাউন্ট একক; মান একটি দোকান; এবং, মাঝে মাঝে, বিলম্বিত পেমেন্ট একটি মান।

Money originated as commodity money, but nearly all contemporary money systems are based on fiat money. money is correct in the first paragraph, but there is a major problem with the second paragraph. Money did not originate as commodity money. This is a commonplace but false assumption, which will be soon explained.

Most economists assume that money was developed for trading purposes, because it was more flexible than bartering. This meant that money was a valuable commodity in itself, such as cattle in ancient civilizations, later gold and silver by weight, and finally coinage - gold and silver coins.

This all seems reasonable enough till you realize that it is an attempt to justify the origins of metallic money, otherwise where do cattle fit into this metallic money idea? They do not Further metallic money will be assume a high level of development: It would be considered as a private property as opposed to tribal property: It would be assume recognition of contracts and a legal system to enforce them. Whereas cattle as money is too easy to accept, because it is easy to value for a primitive society, with no legal system to arbitrarily enforce a value.

The third theory is that money was developed for religious purposes. Bernard Laum in his book Heiliges Geld (Holy Money) states that money's origin was in the Eastern temples as the god of the sacrificed sacrifice and priests to pay.

Gold was among the easiest metal for ancient man to mine from the rocks in the river beds, with copper the next easiest and most of the mine in the most developed technology requiring silver and looked nice Gold and silver were presented to the temples in the east as priests and offerings for the gods, as well as other commodities like barley and wheat. Over time the temples had acquired the gold and silver This theory is supported by the vast amount of gold and silver seized by Alexander the Great from Eastern temples in

      

Applying logic to these three theories one can understand how a cow was a standard unit of currency in ancient Ireland and Greece with one slave-girl worth cows in both these two ancient civilizations. It is easy to value a cow; how old the cow is; how many calves how much milk The value of its hide and meat, its fertilizer, its pedigree ...

But how do you value say grains of gold, which is the standard weight of a monetary unit in ancient times? The priests did the public; they had a rich supply of gold; They determined the price for their services; and when they decided to monetize gold, they could determine its value in relation to the standard unit of money then in existence, which was a cow.

The theory of the origin of money in modern civilization that makes most sense is that money was created for religious purposes. Money was assigned to a value by the priests in the temples. So money, in the form of gold or silver by weight, was the first fiat currency. It had a value both as a means of payment and also as a commodity.

So gold by weight money is a creature of the law, and has nothing to do with the supply and demand of gold, the perceived difficulty of mining gold, and the trade theory of the origin of money.

What's Is us dollar?

The Nature of Money

Money is a common resource, which should be should be created by Government for the benefit of the People.