Stone money Rewrite – akayoye

If we think about it, Stone money played a great role in the development of our currency today. Today our currency is all computerized, merely a number on a computer screen. There is no physical displacement of the currency rather the ownership is changed. This characteristic of our modern currency is similar to how yaps stone money was not moved from one place to another rather just the ownership was changed. However, we do differ from them in other aspects such as being able to make transactions over long distances in seconds , deposit money at one location and take it out at another to suit our need. We have came a long way from stone money but the fundamentals have not changed .

Money now days has been replaced by fiat money. its means “let it be done ” as like latin words . Money has been given fiat money by government . By law the refusal of “legal tender” money in favor of some other form of payment is illegal. on the 3/10/1862 the first american money has been issued and that time money has some value but now its just a paper for some country’s . they want some valuable stuff instead of american moneys .

 It is not only american money effect in exchange money . A lot other country has effect on that too . Asia have a lot effect on the even exchange money . Indian 65 rupees equal 1  american dollar . this is the only reason that some other country want some gold . they don’t want to have other country paper bills . do u even realized that you work 2 jobs and you getting told by your work that the money have been put into you are banking account and you can check you are account  . you are money is in your bank account and now you pay your bills some online without touching you are money and then you spend all you are money online like that . for me that was the perfect example foe stone money .

work city

Joffe-Walt, Chana . “How Fake Money Saved Brazil.” NPR.org. 4 Oct. 2010. 30 Jan. 2015.

http://www.npr.org/sections/money/2010/10/04/130329523/how-fake-money-saved-brazil?gt=

Bellis, M. (n.d.). The History of Money. Retrieved September 25, 2016, from

https://rowancounterintuitive.com/2016/09/25/money-fake-or-for-real/

 

3 thoughts on “Stone money Rewrite – akayoye”

  1. Akayoye, before I respond to the content of your essay, I’ve made some absolutely essential corrections to the grammar and punctuation—just enough to make the work readable. Where I couldn’t understand your text well enough to discern your meaning, I put brackets around it [like this]. Here are the corrected paragraphs.

    If we think about it, stone money played a great role in the development of our currency today. Today our currency is all computerized, merely a number on a computer screen. There is no physical displacement of the currency; rather, the ownership is changed. This characteristic of our modern currency is similar to how Yap’s stone money was not moved from one place to another; rather, just the ownership was changed. However, we do differ from them in other aspects such as being able to make transactions over long distances in seconds, deposit money at one location and take it out at another to suit our need. We have came a long way from stone money but the fundamentals have not changed .

    Money nowadays has been replaced by fiat money. The word means “let it be done.” Money has been given fiat money by government. By law the refusal of “legal tender” money in favor of some other form of payment is illegal. On 3/10/1862 the first American money was issued, and at that time money had some value, but now it’s just paper in most countries. They want some valuable stuff instead of American dollars.

    Not only American money [effect in exchange money]. A lot other countries [has effect on that too]. Asian countries [have a lot effect on the even exchange money]. 65 Indian rupees equal 1 American dollar. This is the only reason that some foreigners want gold. They don’t want to accept other countries’ paper bills. Suppose you work two jobs and you are told by your employers that your pay has been put into your banking account, and that you can check your account. Your money is in your bank account and now you pay your bills online without touching your money and spend all your money the same way. For me, that is the perfect example of stone money.

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  2. You’ll need to do several rewrites to whip this into Portfolio shape, Akayoye. We’ll have to begin by making sense of the original grammatically. Then we can move on to making stronger arguments and proving a thesis.

    As you know, you’ll receive quick grades in four grading criteria: Argument, Rhetoric, Mechanics, Scholarship (ARMS). Grades can always be improved by revision. To understand your grades, you need to know your Grade Code, which I shared with you in class MON SEP 19. I’ve numbered your paragraphs for easy identification. The Writing Center offers free peer-to-peer writing instruction appointments to suit your schedule. And additional feedback is always available from me upon request.

    Argument (Grade T)
    You make just three points, it seems, Akayoye. 1) Our money is similar to Yap money in that often nothing physical changes hands. 2) Our money gets its value from “fiat,” which makes it suspicious outside the country of origin. 3) Money is digitized and requires no physical currency (actually just a restatement of 1). You’ll need a strong thesis and much more of an argument to score well in this category.

    Rhetoric (Grade T)
    There is some strong language in your first Paragraph, Akayoye, but by P2, it’s all gone. I get very little sense in your second and third paragraphs that you’re even clear in your own thinking regarding the points you attempt to make.

    Mechanics (Grade: FFG Fails for Grammar)
    Your original failed for grammar in several places. The corrected version is more acceptable, but even it would not score high for mechanics. Your sentence structure needs to support your argument and give readers confidence in your authorial voice.

    Scholarship (Grade T)
    Your Works Cited doesn’t match any standard of style, Akayoye. I will be happy to guide you to several resources for making automatic Works Cited sections from your bibliography. Just ask.

    Meanwhile, here’s a sample of what a citation should look like in your essay. You claim to have consulted several sources, but you haven’t cited any.

    As we learned from Milton Friedman in “The Island of Stone Money,” at some point “the people on Yap realized what most societies realize. They needed something that everyone agrees you can use to pay for stuff.”

    OVERALL
    I’m glad you finally asked for feedback, Akayoye. We need to get to work on your posts immediately.

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