Money seems to have a big role 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 we don’t see it physically. In today’s society we must have faith in the government and in the banking system that money is being handled in the proper manner; if not, then we would have to hide all the money under a mattress or around the house. I have no clue what happens in the banks, or how they take care of money. I always thought money was simple; either it’s there or not – that’s it. However, being introduced to this assignment, the Yap Fei, US gold, French francs, Brazilian cruzeros, and debit accounts now seem similar. In the banks we don’t see the money being transferred. When getting paid, we aren’t handed cash, no physical check, the money is directly transferred to the bank account, and have to trust that all the money is in the account.
Yes we must believe the money is in the bank…..but is it physically really there, and if not where is it?
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It’s in the mind of the person who accepts some token of worth in return for a pound of coffee, Pete. Who says there’s anything in the bank? They used to have vaults. 🙂
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Nice work, Alaska. You don’t seem to have a subject for that last clause, but otherwise you’ve successfully eliminated the “you”s.
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