Post
Topic
Board Economics
Re: Currency v Property
by
Babayega31
on 30/10/2016, 04:35:48 UTC
the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

 Savings is still your property so, basically they were both a property.

The only known as currency before is gold, silver, copper. They made a lot of coins on these, as time passes by the value of the product is growing and growing. It is too inconvenient to bring a sacks of coins just to pay the owner.

And by the small help of a genius merchant, they both then agree to use a special kind of paper. And VIOLA! We are now using it in our daily life. So currency is your property! Grin

For me, when a currency value rises up and a money i have in my pocket i use it as a savings on what has left from my salary. Currency with high exchange value affects on the money i saved and now it turns as a property to me which i value most as this is a strong foundation of my financial stability.