Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Money Times


Related Topics

In the News (Sat 14 Nov 09)

  
  Money 59 Money, more information about Money
Money in theory is an agreement within a community, to use something as a medium of exchange.
Money material, produced by this small minority, is used within an economy as the exclusive medium of exchange and acts as intermediary market good.
Money can be anything that the parties agree is tradable, but the usability of a particular sort of money varies widely.
money59.sky.prohosting.com /Money.html   (4952 words)

  
 EH.Net Encyclopedia: Money in the American Colonies
In colonial times, “money” and “currency” were practically synonymous and signified whatever was conventionally used as a medium of exchange.
Writing in 1786, and attempting to explain why the paper money in colonial times had retained its value, “Eugenio” attributed its success to the fact that it possessed what he called “the means of instant realization at value.” This awkward phrase signified it was instantly convertible, at par.
These fluctuations in the money supply are compatible with the quantity theory of money if periods when money was scarce were also periods when interest rates were high, as is also suggested by the historical record.
www.eh.net /encyclopedia/?article=michener.american.colonies.money   (12987 words)

  
 Fast Money Happens Beats Gold Coins Commodities & Local Town CitiBanks
Money material produced by this small minority is used within an economy as the exclusive medium of exchange and acts as an intermediary market good.
The word money in the greek language is not μόνη (money) it is νόμισμα (nomisma or numisma) which derives from the word νομίζω (nomizo) and from the word νόμος (nomos=law).
Also, in case we are not convinced that mone(y) has value and we do not recognize the mone(y) maker authority, mone(y) is usually something that we are forced by law to use as the unique medium of exchange in trades.
www.fastmoneyhappens.com   (4413 words)

  
 Hard Times Tokens - Money Meanderings   (Site not responding. Last check: 2007-11-01)
There was a severe recession in 1858, a panic in 1907, and another depression in the 1890s.
In early 1837, President Jackson issued an order forcing banks and anyone else receiving public money to accept only gold and silver money for the sale of public land in an attempt to end rampant inflation.
As collectors, we refer to the times from 1833 to 1844 surrounding the runup to this and its slow recovery as the time of the Hard Times tokens.
www.worksandwords.com /moneym/hardtime.htm   (366 words)

  
 Andrews Nc Currency Trading   (Site not responding. Last check: 2007-11-01)
Andrews noted in today's New York Times that, "The Bush administration welcomed China's move toward a more flexible currency...
such as money and currency did not mean precisely the...
colonial times, "money" and "currency" were practically synonymous and...
www.firstforexgroup.com /andrews-nc-currency-trading.html   (210 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.