# 2 Money
Hmm.. Money well in the world today money is in somewhat way the boundary between being able to live in a house or not. Having food or not. Being able to help people far away with starting their own business or not.
What about money can we be grateful for?
- Money can be used anywhere to get any goods.
- It is universal and can be used all over the world.
- If you get a lot of it you can give it to help someone in need.
- It helps you to “own” a house.
- It can help you on the way to live a life filled with passion.
- Money helped people become financially free.
- Money have helped us have a value on something we have.
- It has helped millions of people live the life that they want.
Money is something that have helped me be grateful and also helped me to give too. Money is also called currency. Like current it needs to move around.
Here is a overview over the history of money:
The use of barter-like methods may date back to at least 100,000 years ago, though there is no evidence of a society or economy that relied primarily on barter. Instead, non-monetary societies operated largely along the principles of gift economics. When barter did occur, it was usually between either complete strangers or potential enemies.
Many cultures around the world eventually developed the use ofcommodity money. The shekel was originally a unit of weight, and referred to a specific weight of barley, which was used as currency.. The first usage of the term came from Mesopotamiacirca 3000 BC. Societies in the Americas, Asia, Africa and Australia used shell money – often, the shells of the moneycowry (Cypraea moneta L. or C. annulus L.). According to Herodotus, the Lydians were the first people to introduce the use of gold and silver coins. It is thought by modern scholars that these first stamped coins were minted around 650–600 BC.
The system of commodity money eventually evolved into a system of representative money. This occurred because gold and silver merchants or banks would issue receipts to their depositors – redeemable for thecommodity money deposited. Eventually, these receipts became generally accepted as a means of payment and were used as money. Paper money or banknotes were first used in China during the Song Dynasty. These banknotes, known as “jiaozi” evolved from promissory notes that had been used since the 7th century. However, they did not displace commodity money, and were used alongside coins. Banknotes were first issued in Europe by Stockholms Banco in 1661, and were again also used alongside coins. The gold standard, a monetary system where the medium of exchange are paper notes that are convertible into pre-set, fixed quantities of gold, replaced the use of gold coins as currency in the 17th-19th centuries in Europe. These gold standard notes were made legal tender, and redemption into gold coins was discouraged. By the beginning of the 20th century almost all countries had adopted the gold standard, backing their legal tender notes with fixed amounts of gold.
After World War II, at the Bretton Woods Conference, most countries adopted fiat currencies that were fixed to the US dollar. The US dollar was in turn fixed to gold. In 1971 the US government suspended the convertibility of the US dollar to gold. After this many countries de-pegged their currencies from the US dollar, and most of the world’s currencies became unbacked by anything except the governments’ fiat of legal tender and the ability to convert the money into goods via payment.
Today the money that we know is on the way back to its old place as barter or gift based economy.
We should be proud that our money will go back to tangible commodities again. We also need to know that we need to invest the right way.
Unfortunately money is important and we should seek knowledge and be thankful for that people have a passion to share their knowledge on the topic.
Money is the root to all evil?
This is just a bad myth! I am thankful for that we have people with a lot of money. They usually give more than millions of people.
We have Oprah Winfrey, Bill Gates, Warren Buffet and Maria Shriver`s the world are full of rich people, but they live with gratitude and give back a lot of the money they have got 🙂
Be grateful for that money exists and you will receive more of it 🙂
Money can be used to evils as Taliban or the US War machine, but always remember if you are a great person something I believe everyone is you will do great and extraordinary things with the money you will acquire.
Money is the root to passion and abundance!
When you have a lot of money and you have acquired time to use it a lot of people develop gratitude and want to share it with as many people as possible!
So love money and it will do great things for you.
|“So you think that money is the root of all evil. Have you ever asked what is the root of all money?”|
|Ayn Rand quotes|
Have a incredible day and be grateful!
John Thore Stub Sneisen(c)
I am grateful for what I can do with the money I have!