How Money Came Into Existence?

No doubt, Money is an essential, It is the money through which we can purchase all the necessary comforts and amenities of life, If you have money, you can obtain what seems impossible to others. It is the money which gives a man confidence, creditworthiness, credentials, capacity, capabilities and courage. Based on your monetary status you get the prestige, respect and social status, except at some point money can't purchase a true love. Sometimes wealth can be a curse of its owner, and can throw people in arrogance, bankruptcy and dissatisfaction .

Money— sweeter than honey but oh so destructive. It facilitates a man’s life, while a lack of it imprisons him in the streets of penury. It raises his social status, while an absence of it leaves him unnoticed. It gives him an aura of superiority and importance among others, while a deficiency of it makes him worthless in society’s eyes. Considering these two roads, most do not take more than a second to decide to chase riches.

Money plays an important role in everyone’s life, but having money doesn’t mean you can buy happiness or love. A person being wealthy, having all that money can cause fame and popularity, but true happiness can never be obtained. If you have money you can buy any happiness you want. But no one thinks about the opposite side of it. If you don’t have that money, because money is something you get if you’re destined to have it. Money can be a source of limited happiness, but not for lifetime. Money does have value, but you don’t need that to be happy. It’s not necessary to have money to be happy. Sometimes people with money, can be careless, they don’t care about others. They only think about themselves, only about their happiness. This causes

Nowadays, money can make most everything happens. People run after money because they think money can give them better life. It is true that we need money to support our life. However, we need to remember that once we have a good quality of life, we should use our extra money to benefit those who have need instead of keep money in our pocket. We need to remember that God rewards us with succeed is because he wants us to take care of our brothers. In addition, if we pursue over luxury life, we will end up being controlled by money.

Money is a main worry for some people. It is a necessity for anyone who is trying to succeed in life. Many believe that the only way to success is to have a

Years ago, bank used to create money only if they have the real gold with them or someone deposits the gold to bank. But this is not how the bank operates today. Nowadays, banks create money as long as we, as individuals, borrow it and give the promise to return that money back. So, today, money is backed by the loan or mortgage. However, bank loans money that does not exist. Furthermore, as soon as people realize that bank creates money out of

In American society, wealth has played a particularly significant role in shaping the culture and standards set for our country. With every dilemma that has occurred, money was been an underlying deciding factor in the end. John.F.Kennedy makes this very clear in his statement on lowering the prices of steel, all the way Jennifer Price's take on people being obsessed with a money, even Scott Russell’s article on the status quo Americans believe determines one's happiness and success. All of these passages tie together to show just how money influences our very own society.

It was one of the earliest monetary policies to institute the circulation of paper money on a national level. Customers would deposit their gold coins for storage into a bank for a small fee. In return, they received bank receipts, which were then used as paper money in place of valuable elements like gold. The idea of using bank notes as paper money quickly gained popularity because they were, of course, much easier and more convenient to transport and exchange than heavy gold coins.

The excerpt from “On the Want of Money” by William Hazlitt is an outcry to humanity in response to the realities of a world that revolves around currency. Hazlitt implores his audience through his rhetoric to reflect on what they deem to be important, and to realize that their desires can be the very thing restraining them from attaining their ambitions. Through the use of irony, hypothetical examples, and figurative language William Hazlitt warns of the dangerous paths the pursuit of money can lead to, and the ultimate demise of anyone who takes these paths.

Author William Hazlitt in his essay “On the Want of Money” describes his feelings on the topic of money. Hazlitt employs stylistic devices to illustrate the deception and illusions that come with having or working for money. He explains that money is sought for by everyone, yet few have it, and the ones who do, usually do not enjoy it because they are worried about losing it. Through lengthy syntax, scholarly diction, and repetition, Hazlitt creates a negative mood for the reader to discover the raw truth about money and the horrible things that it can do to people.

The United States Mint is responsible for producing and circulating all coinage for use in economic trade or commerce. However, few are actually aware of the history behind this financial intuition. In the beginning of America’s days as a colony, each state produced its own currency or accepted foreign coins as a means of payment. Massachusetts was the first of the colonies to produce a paper currency, which later gave rise to Continental Currency in an effort to finance the Revolutionary War. However, these paper notes had no solid backing of any kind other than predicted taxes revenue collected from each colony. In 1781, The Continental Congress sought to increase confidence in its currency through the establishment of The Bank of North America in Philadelphia, which was then the capital. The printing of money was left to private banks who printed notes of all kinds. As a result, paper notes and coins were easily counterfeited. Silver bullion coins were easily pressed and engaged with images and the exchange rate varied throughout each colony.

When silver and gold was discovered in North America the Europeans brought it back to Europe, and began to use it as currency. Land, and trade were the main source of money before the New World was founded, so this threw the previous lords, that made their money from their land, poor, and made the sailors, and markets keepers

controlled the society he lived in. In the process, he provides an exposition for his vision

Gold was used for many different things and it was valued very much during the past and even now it is valued. A common use of gold was when it had been turned into

Money has different meaning for different level of people. Some see money as food, shelter or a roof on their top, however it means pleasure and enjoyment for wealthy group of society. Money has an essential role in shaping societies, it enables the economy to grow and helps people to have better health and education. Furthermore, money has direct relation to inequality. Inequality acers when the wealth is unevenly distributed within the society, in other words the unequal distribution of resources among the people, such as money, education, time and so on. The relationship between money and inequality could be further explained from the findings of Michael Sandel’s argument, money in the form of debt in china, distribution, exchange and consumption of coffee.