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What is the neccesity of money?

What is the neccesity of money?  ; What is the neccesity of money?. In other words, what can lack of money do to a Man/Woman?....

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    Default What is the neccesity of money?



    What is the neccesity of money?.
    In other words, what can lack of money do to a Man/Woman?.





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    Default A syndrome


    Lack of money is a complex syndrome that is coupled with a lot of Malady.



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    Default Root of all evil


    My brethren,the LOVE of money is the root of all evil.



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    Default When a man has no money.......


    When a man has no money,HE CAN NOT THINK STRAIGHT,
    He walks around and feel everybody is against him,he smuggled to enter shops only to walk out sheepishly because he felt everybody is looking at him because he is poor,when and where people are discussing money ,he jilt the place and time.When a man lacks money ,HE LOOSES CONFIDENCE IN HIMSELF,of all that lacks,don't lack money bros.



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    Default


    To ask ,"What is the necessity of Money" , is like saying, "What is the necessity of Life"


    [B][COLOR="Navy"]"Cowards die many times before their deaths but The valiant never taste of death but once.Of all the wonders that I yet have heard,It seems to me most strange that men should fear;Seeing that death, a necessary end,Will come when it will come."[/COLOR][/B]

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    Default


    What is the necessity of money? There is none whatsoever. It is just a means of exchanging goods and services. If you can find other means of sustaining democracy, paying the politicians,the hospitals, the grocers, the market woman, bribing the Police,Customs or immigration officers, getting Xmas or Sallah presents,fueling your vehicle or generator,getting the wife or girlfriend those fancy shoes,settling utility bills, and of course settling the funeral parlour, money is not necessary. Our forefathers took what they wanted because there was plenty and they were few. Then they grew and started to barter,and then gave valuable things in exchange for things they liked. Perhaps when realization of the wider world dawned on them, they moved to a more acceptable exchange for their goods. So it is not necessary at all if.......



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    Default


    As Long as the earth remain,There will always be money(Means of xchage).Even in adamic era people trade and barter like the post above said.



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    Default Functions of Money?


    The necessity of money connotes the functions of money, including:
    - Means of exchange (more convenient than barter).
    - Store of value (easier to safe than most perishable items of barter).
    - Standard of deferred payment (makes lending and borrowing activities much simpler, especially when appropriate interests are incorporated).

    Any scarce, durable and divisible item could be (and had been) used as money. However, paper money has come to dominate the structure of money in our modern societies.



    Money is necessary because of the conveniences it has brought to human lives



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