E10: hiralp365

Money seems to have a big role in our society, we can’t do much without it. Even when we don’t see money physically sometimes, it’s still valuable in different ways. In today’s society we must have faith in the government and the banking system that our money is being handled properly. Otherwise we will be hiding our money  under our mattresses or somewhere around the house. I never really had a clue what happens in the banks, and how they take care of our money. The concept of money was quite simple to me; either we have it or we don’t. However, by being introduced to this assignment and comparing the Yap Fei with the US and France gold trade in 1933, and the Brazilian cruzeros all seemed somewhat similar. No one actually sees their money being transferred. When we get paid we don’t receive check or cash, instead our money directly gets transferred to our bank account.

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