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What kind of security does money bring
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[QUOTE="Holicent, post: 272308, member: 76163"] The most important thing about money is that it is something you can use to buy things. Money has value only because people believe it has value. Money is like a universal language, and it's easy to understand because it's just numbers on paper. You don't need to know anything about interest rates or inflation or foreign exchange rates or anything else to use it. You don't even need a bank account—you can just write checks from your home computer. But money has another feature that makes it useful: It allows you to trade goods and services without having to deal with other people directly. If I want something, I just swap some money for it—and then if I want the same thing again, I can swap that money for it again. So if everyone used money this way, we could all get exactly what we wanted by trading with each other at zero cost (provided there were any goods or services left over). Aside from financial securities which I explained above, psychologically, money has a good role to play as well. [/QUOTE]
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