What Is Cost of Money?

Word: money

[jn qián]

Money is a proper term in economics. Money can refer to money, but it cannot be replaced equivalently. Money is not usually called money. The following is an introduction to currencies.

Historically, precious metals such as gold and silver have gradually become fixed currencies due to their small size, high value, easy division, wear resistance, and ease of storage and portability. Therefore, the currency at that time was called money. Later, due to the low cost of making banknotes, making them easier to store, carry and transport, and avoiding the abrasion of metal currencies in circulation, banknotes gradually replaced metal currencies, but we still retain the title of "money".

Generally, each country uses only one currency, and is determined by

Don't spend a penny wrong on spending money on things that are good for yourself and others. (US) Benjamin Franklin

Poverty is not terrible in itself, it is terrible to think that it is doomed to poverty, or that it must die of poverty. (US) Benjamin Franklin

Treasure is like fire, you think it is a useful servant, but in an instant it turns into a terrible master. (English) Carlisle

A lot of money always paralyzes authority-(German) Goethe

Blessed are those who have nothing, because they will get everything! (French) Roman Roland

If you take money as God, it will torture you like a devil. (British) Fielding

The golden shackles are the heaviest. (French) Balzac

Freedom is not something that money can buy, but it can be sold for money. Lu Xun

Money is a good servant and an evil master. (English) Bacon