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RE: Six Money Questions You Should Be Able To Answer

in #money7 years ago

Interesting questions but wrong questions.

  1. What is money - vs currency (hint: USD is not money)?
  2. Where does USD - cash / currency come from?
  3. What controls the supply of currency (erroneously called "money supply")?
  4. How much of the "money" do you owe - i.e. the debt that you owe just for being a US citizen or resident?
  5. How much are you earning or losing from the "money" currency that you have in your accounts or pocket?
  6. Is cryptocurrencies / gold / silver money? - why and why not?