Money seems to have a big role in our society; you can’t do much or get far if you don’t have any. Money is valuable in different ways, even when you don’t see it physically. In today’s society you must have faith in the government, in the banking system, that your money is being handled with in the proper manner, if not then you would be hiding all of your money under your mattress, or around your house. I never really have a clue what happens in the banks, and how they take care of your money. I always just thought money was quite simple; you either have some or you don’t, that’s it. However, by being introduced to this assignment and having it compare the Yap Fei with the US and France gold trade in 1933, and the Brazilian cruzeros all seemed somewhat similar. No one actually sees their money being transferred. When you get paid, you don’t get a check or get paid even in cash, it’s all directly transferred to your bank account, and that you just have to trust that you got more money.
Money seems to have a big role in our society; we can’t do much or get far if we don’t have any. Money is valuable in different ways, even when it’s not physically there. In today’s society, we must have faith in the government and in the banking system that our money is handled in the proper manner. Without this faith, we would keep all of our money in our homes. I don’t really have a clue of what happens in banks or how moneys handled. I always thought money was quite simple; we either have it or we don’t. However, learning about the comparison of Fei with the US and France gold trade in 1933, as well as the Brazilian cruzeiros, opened up my mind to a more complex idea. One does not physically witnesses their money being transferred. When we get paid, we don’t get a check or receive cash, our money is directly transferred into our bank accounts. We just have to trust that we legitimately gained more money.