What Is Money and Where Does It Come From?

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Nairaland Forum  |  General Discussion  |  Business (Moderators: FOD, naijacutee)  |  What Is Money and Where Does It Come From?
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Author Topic: What Is Money and Where Does It Come From?  (Read 831 views)
Seun (m)
What Is Money and Where Does It Come From?
« on: October 05, 2005, 08:12 PM »

Most investing, entrepreneurship, financial management and all the skills that are discussed in the "business" section seem to be focussed on  "how to get more money".  Since money seems to be so important, I want to ask a simple question:
  What is money and where does it come from?

It seems to be such a simple question, but a discussion of the answer would open our eyes to so many things that are happening in the world of business today.
kazey (m)
Re: What Is Money and Where Does It Come From?
« #1 on: October 06, 2005, 06:03 AM »

Money is a medium of exchange, and money comes from the circle of exchange. The exchange mentioned here includes the buying and selling of comodities and services. Comodities here can be anything physical that does not belong to you, and you have to use the exchange to change the ownership whilst services might either be services to your work place or services to your clients. Whatever it might be, as long as there is the medium , and the exchange takes place, that is the circle.

virozuru (f)
Re: What Is Money and Where Does It Come From?
« #2 on: October 06, 2005, 08:39 PM »

*
naijacutee (f)
Re: What Is Money and Where Does It Come From?
« #3 on: June 27, 2006, 06:43 PM »

Money is paper that comes from trees and is processed or some rocks that come from stones inside the ground and are processed too.
borngreat (m)
Re: What Is Money and Where Does It Come From?
« #4 on: June 29, 2006, 07:58 PM »

1. money is a defence

2. money gives answer to all things Shocked

3. money speaks louder than words

4.money makes a man thick

5. money makes a mans voice to be heard. this is because d knowledge of
   poor man is usually depised Cry

FINALLY, money comes through hardwork, perseverance and determination in anything one finds his hand doing Kiss

Seun (m)
Re: What Is Money and Where Does It Come From?
« #5 on: July 08, 2006, 11:50 AM »

What Money Is:

- Money is a catalyst that makes trade possible.

- Money enables me to use what I have to get what I want.

- Money gives me the incentive to serve others faithfully.

- Money is a reward of hardworking people on earth.

- Money is worth nothing if people don't accept it.

Who Creates Money:

- The central bank creates a little money by printing bank notes.

- Commercial banks create a most of the money by giving loans.

- Inflation is what happens when too much money is created.

- Too much money is created all the time.  This is a hidden taxSad
Seun (m)
Re: What Is Money and Where Does It Come From?
« #6 on: March 25, 2007, 10:27 AM »

I was learning my Economics 102 when I created this thread.  Hope someone finds it useful!
osegwu (m)
Re: What Is Money and Where Does It Come From?
« #7 on: March 25, 2007, 10:36 AM »

Money is the destroyer of mankind

and it comes straight from HELL
Seun (m)
Re: What Is Money and Where Does It Come From?
« #8 on: March 25, 2007, 11:41 AM »

That's ridiculous.  Without money, people won't be able to do anything.  Money is man's most useful invention.
osegwu (m)
Re: What Is Money and Where Does It Come From?
« #9 on: March 25, 2007, 11:43 AM »

Think so?
Seun (m)
Re: What Is Money and Where Does It Come From?
« #10 on: March 25, 2007, 02:43 PM »

Yes.  Money allows you to cooperate with people who are not in your family, as long as they respect money. Wink
hbrednic
Re: What Is Money and Where Does It Come From?
« #11 on: March 25, 2007, 07:36 PM »

money is good and evil
money is created through good and evil ways
gmcln (m)
Re: What Is Money and Where Does It Come From?
« #12 on: March 25, 2007, 08:29 PM »

man p
Re: What Is Money and Where Does It Come From?
« #13 on: April 01, 2007, 05:08 PM »

the replies have seen so far is interesting and it has shown me why many peps are still poor.

however, the simple definition of money is that ,it's a PRINCIPLE that must be studied and understood so that you can use it for the purpose in which it is created. ALL is good. nothing is bad in reality but in apperance can be.

money is an energy, it has vibration.learn the language of money and it comes to you in momentum(small, small= big).

you don't rush to get it as it's a journey(path) not the destination. meaning it's the Universal Spirit of ALL that gives you the ability to get wealth.

get my book on " the secret,science and ability to get wealth". at books.lulu.com/content/573862. it's an e-book you can download. or contact at:

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4 Play (m)
Re: What Is Money and Where Does It Come From?
« #14 on: April 09, 2007, 01:08 PM »

Money is one of the most beautiful of man's creation.It oils the wheel of development and progress.The less money you have in a country,the more that country disintegrates.
Seun (m)
Re: What Is Money and Where Does It Come From?
« #15 on: April 10, 2007, 02:45 AM »

Quote
The less money you have in a country,the more that country disintegrates.
Hmmm.  The absolute quantity of money in a country doesn't matter.  What matters is what you can buy with it. Wink
4 Play (m)
Re: What Is Money and Where Does It Come From?
« #16 on: April 10, 2007, 01:23 PM »

Quote from: Seun on April 10, 2007, 02:45 AM
Hmmm.  The absolute quantity of money in a country doesn't matter.  What matters is what you can buy with it. Wink


The quantity of money affects what you can buy.More money often leads to more choice.The more money you have ,the more you can buy and the greater  your range of choices.

vikiviko (m)
Re: What Is Money and Where Does It Come From?
« #17 on: April 10, 2007, 01:58 PM »

Money is a tool or mechanism to satisfy your desires.
Money is a powerful tool to acquire anything and everything.
It is Good, it makes life sweet and solvves lots of Problems.
Money is a dynamic weapon to destroy and rebuild.
Economically, too much money in an econmoy causes inflation.
In nigeria today , whether it is  hyperinflation, gallop inflation, spiral inflation, deflation or whatever there is no equitable distrubution of money .
Biblically, it was said money is the root of all eveils.Also said, money answereth all calls.
Money is good, and every man must strive to have a fair share of its chunk.
Money the sweet aroma.
deejay1 (m)
Re: What Is Money and Where Does It Come From?
« #18 on: April 22, 2007, 02:00 PM »

money is an idea.
deejay1 (m)
Re: What Is Money and Where Does It Come From?
« #19 on: April 22, 2007, 02:07 PM »

Quote from: osegwu on March 25, 2007, 10:36 AM
Money is the destroyer of mankind

and it comes straight from HELL
lmao where do you get that from? i guess from your bibble abi? my advice 2 u is that if u gatta  this idea from the bible or even anywhere man its better to translate the bible in such a way that u r ganna benefit from what eva your translation is and i don't see how u r ganna get the money if u hav this idea in ur head thou. man change ur thoughts because money is not a destoyer of mankind and its not evil  and its not from hell. if its from hell, why on earth will u use it to buy the kulikuli u bought lastnite?
dele9000 (m)
Re: What Is Money and Where Does It Come From?
« #20 on: April 22, 2007, 06:19 PM »

Lol!@deejay
stranger12
Re: What Is Money and Where Does It Come From?
« #21 on: April 22, 2007, 10:57 PM »

Money, is your sweat in paper form.

sometimes worthless sometimes valueable.
Kayus99 (m)
Re: What Is Money and Where Does It Come From?
« #22 on: April 23, 2007, 02:17 PM »

What is money?  This is any financial instrument that can be easily converted to obtain something of value.
Where does it come from? When and wherever you provide value you command the ability to receive money (provided you know it is valueable).
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