E10 – themildewmuncher7

Edited Post: Not much can be accomplished in our society without money because of its overwhelming influence and value, the latter of which is only sometimes apparent. In today’s society, much faith is placed in the government and banking system, that money is being handled with proper care. Without this blind trust, money would commonly be hidden in personal safes and private locations. I always thought money was simple; we either have it or we don’t. However, after being introduced to this assignment where the Yap Fei is compared to the US and France gold trade in 1933 as well as the Brazilian cruzeros, money seems similar all around. Not one of us actually sees our money being physically obtained, instead when we get paid, our check is directly transferred to our bank account. We trust that we have been properly reimbursed for our work.

Original Post: Money seems to have a big role in our society; you can’t do much or get far if you don’t have any. Money is valuable in different ways, even when you don’t see it physically. In today’s society you must have faith in the government, in the banking system, that your money is being handled with in the proper manner, if not then you would be hiding all of your money under your mattress, or around your house. I never really have a clue what happens in the banks, and how they take care of your money. I always just thought money was quite simple; you either have some or you don’t, that’s it. 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 all seemed somewhat similar. No one actually sees their money being transferred. When you get paid, you don’t get a check or get paid even in cash, it’s all directly transferred to your bank account, and that you just have to trust that you got more money.

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