‘Salary’ is a word derived from salt, salt was used as a mean of payment in the Roman empire for many years, later in the mercantilist Era a mean of storing wealth was gold but no theory of money was known in that time so as a consequence a wave of inflation was born...
There has been numerous stories about exchanges of goods as a form of money in different circumstances . Like there were Cigarettes used in WWII by the prisoner of War camps, beads used by north american Indians , cattle in south Africa, and small green scraps of...
To explain it with a formal definition Money is : Anything that is accepted as a way of exchange to buy products and services The basics mechanics of the whole monetray system are invisible. Many individuals take money for granted when they are spending it. So when...
