What do you mean by "Money is a System of Power?"

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kety
Posts: 35
Joined: Mon Jun 28, 2010 11:35 am

What do you mean by "Money is a System of Power?"

Post by kety »

Money is one of the most extraordinary of human inventions. As a means of exchange it makes modern commerce possible and is one of the most beneficial of institutions. As an instrument of power it can support the most insidious and destructive of tyrannies, particularly when the processes of its creation and extinction are hidden from public view and shielded from public accountability.

Money, a mere number of no inherent substance, utility, or worth created from nothing with an accounting entry when a bank creates a loan, shapes the boom and **** cycles of economic life. Its international flows determine the fate of nations. Individuals who have it in large supply enjoy lives of grand opulence in the midst of scarcity. Those who lack it face death by starvation in the midst of plenty.
agel
Posts: 34
Joined: Mon Jul 05, 2010 10:56 am

Re: What do you mean by "Money is a System of Power?"

Post by agel »

Money is a system of power because when we start the business we have need a money.so money is basic things for the business.
mini
Posts: 29
Joined: Tue Jul 06, 2010 12:06 pm

Re: What do you mean by "Money is a System of Power?"

Post by mini »

Money is the system of the power.It is a good ideas for the money.
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