Posts Tagged "Economy"

What is money?

Posted by on May 29, 2013 in Complexity Science | 0 comments

What is money?

Money is really important to the economy, and us too. But what do we understand about money?

Well, to the majority of people, money merely a store of wealth and more importantly a medium for trade. How much you’ve earned equals how much worth of the object you can obtain. But the reality is that it could be quite complicated when one consider the money supply, which contributes to inflation or deflation.

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