Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,746 members, 7,817,059 topics. Date: Saturday, 04 May 2024 at 02:05 AM

What Is Money and Where Does It Come From? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / What Is Money and Where Does It Come From? (2176 Views)

What Is Money Used For? / Reach Your Dreams With Us And Make It Come True! / Reach Your Dreams With Us And Make It Come True (2) (3) (4)

(1) (Reply) (Go Down)

What Is Money and Where Does It Come From? by Seun(m): 8:12pm On Oct 05, 2005
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.
Re: What Is Money and Where Does It Come From? by kazey(m): 6:03am On Oct 06, 2005
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.
Re: What Is Money and Where Does It Come From? by virozuru(f): 8:39pm On Oct 06, 2005
*
Re: What Is Money and Where Does It Come From? by naijacutee(f): 6:43pm On Jun 27, 2006
Money is paper that comes from trees and is processed or some rocks that come from stones inside the ground and are processed too.
Re: What Is Money and Where Does It Come From? by borngreat(f): 7:58pm On Jun 29, 2006
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. dis is because d knowledge of
poor man is usually depised cry

FINALLY, money comes thru hardwork, perseverance and determination in anything one finds his hand doing kiss
Re: What Is Money and Where Does It Come From? by Seun(m): 11:50am On Jul 08, 2006
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 tax. sad
Re: What Is Money and Where Does It Come From? by Seun(m): 10:27am On Mar 25, 2007
I was learning my Economics 102 when I created this thread. Hope someone finds it useful!
Re: What Is Money and Where Does It Come From? by osegwu(m): 10:36am On Mar 25, 2007
Money is the destroyer of mankind

and it comes straight from HELL
Re: What Is Money and Where Does It Come From? by Seun(m): 11:41am On Mar 25, 2007
That's ridiculous. Without money, people won't be able to do anything. Money is man's most useful invention.
Re: What Is Money and Where Does It Come From? by osegwu(m): 11:43am On Mar 25, 2007
Think so?
Re: What Is Money and Where Does It Come From? by Seun(m): 2:43pm On Mar 25, 2007
Yes. Money allows you to cooperate with people who are not in your family, as long as they respect money. wink
Re: What Is Money and Where Does It Come From? by hbrednic: 7:36pm On Mar 25, 2007
money is good and evil
money is created through good and evil ways
Re: What Is Money and Where Does It Come From? by gmcln(m): 8:29pm On Mar 25, 2007
Re: What Is Money and Where Does It Come From? by manp1: 5:08pm On Apr 01, 2007
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 dont 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:

PMCONSULTINGS powered by APAN MUELT CONSULTS. (in all your getting, get understanding)
Nizak building, 44 akanro street, ilasamaja lagos state.
Re: What Is Money and Where Does It Come From? by 4Play(m): 1:08pm On Apr 09, 2007
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.
Re: What Is Money and Where Does It Come From? by Seun(m): 2:45am On Apr 10, 2007
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
Re: What Is Money and Where Does It Come From? by 4Play(m): 1:23pm On Apr 10, 2007
Seun:

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.
Re: What Is Money and Where Does It Come From? by vikiviko(m): 1:58pm On Apr 10, 2007
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.
Re: What Is Money and Where Does It Come From? by deejay1(m): 2:00pm On Apr 22, 2007
money is an idea.
Re: What Is Money and Where Does It Come From? by deejay1(m): 2:07pm On Apr 22, 2007
osegwu:

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 dont see how u r ganna get the money if u hav this idea in ur head thou. man change ur thoughts coz 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?
Re: What Is Money and Where Does It Come From? by dele9000(m): 6:19pm On Apr 22, 2007
Lol!@deejay
Re: What Is Money and Where Does It Come From? by stranger12: 10:57pm On Apr 22, 2007
Money, is your sweat in paper form.

sometimes worthless sometimes valueable.
Re: What Is Money and Where Does It Come From? by Kayus99(m): 2:17pm On Apr 23, 2007
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).
Re: What Is Money and Where Does It Come From? by anderssa(m): 11:58pm On Nov 23, 2022
Money is what people use to buy things and pay for services. This is what people get for their work. Money is a special kind of commodity that has been agreed to be used in exchange for services or other goods. If you know how to invest money, then you are in charge of the modern world. What do you think about services and applications that help you make money on investments in cryptocurrency, blockchain https://boostylabs.com/ and fintech?
Re: What Is Money and Where Does It Come From? by JoelDCurtis: 6:57am On Nov 29, 2022
I'm sure that everything will work out just fine, but just to be safe, I wouldn't play it again. A wide range of games is available in the casino halls. They are created to modern specifications and stand out due to their vivid colors and straightforward principles. If you pick your amusement wisely, you may easily earn real money playing online slots, making both new and seasoned casino goers green with envy. To learn more, read this article on this page. A few things need to be carefully considered because they affect how smoothly the reels spin. Your perception of Canadian online slots is significantly influenced by parameters, bonuses, and jackpot type.

(1) (Reply)

Gtbank In Joburg / Igbo Obioma Itinerant Street Tailors In Lagos Are Disappearing Every Day / Plank And Wood Supplier

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.