E10-jcirrs

Money seems to have a huge impact in our society; we can’t do much or get far if we don’t have any. Money is valuable in different ways, even when it is not visable. In today’s society we must believe in the government and the banking system, or else we would all be hiding our money under our mattress, or around the house. I am clueless about what happens in the banks and how they take care of our money. I always just thought money was simple concept, either we have it or we don’t. However, by being introduced to this assignment and having it compare the Yap Fei with the US and France gold trade in 1933, and the Brazilian cruzeros, it made me realize all types of currency are somewhat similar. No one actually sees their money being transferred. When we get paid, we don’t usually get a check or cash, it all gets directly transferred to our bank account, and we just have to trust that we recieved more money.

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