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Financial

What is money

A long read

You can't eat a twenty-dollar bill

Hold a bill in your hand. It is just paper or plastic.

You cannot eat it. You cannot wear it. You cannot live in it.

Your guess

You are alone on an island with a suitcase full of cash. There are no shops and no people. What can the money do for you?

Sources

  • Forex.com, "The history of money"
  • xMoney, “The History of Money”
  • Niall Ferguson, The Ascent of Money
  • Bank of England, How is money created?