Browsing: Money Basics

In the previous article, we discussed the establishment of The Gold Standard. Gold and silver have served as the primary…

In the last discussion, we covered how central banks evolved as a way to address the issues that arise when…

In the previous article, we discussed how central banks create money. However, it’s important to note that commercial banks also…

This article will explain the mechanism through which central banks create currency. Previously, we discussed why a central bank was…

In this article, we will discuss two main topics. One is about why a central bank was created and the…

Paper money has an intriguing history. To start off, we’ll summarize what the previous article was about. We had learnt…

Money is considered one of the most significant creations ever made. Nevertheless, money differs from other great inventions of people…

Money is a collective belief system grounded in trust. Money is the greatest trust system devised by humans. Society collectively…

Money is a means to exchange time. It’s as a holding tank for your financial resources until you’re ready to…