Money

As elaborated in article titled “Money”, money is an intermediate that makes commerce possible. For transactions to be settled in cash i.e immediate exhange of goods and services with money, it has to preserve its buying power, over the period it is acquired and when it is spent. Money can preserves its buying power if…

Money is a human social construct to solve the problem of commerce. Different people live in different conditions, they acquire different skills someone is a good farmer while some other person is a good shoe maker. No one is self sufficient and no one should try to be self sufficient because it leads to poor…