Money Talks
Hi guys, welcome back to my blog!
How are you guys?
I hope all of you are doing good.
Please, stay at home and stay safe.
May God always protect us from the corona virus.
Well, in this post I'm going to talk about "Money Talks". Have you ever heard of this sentence before? If you do, what does it mean?
Before talking about "Money Talks" meaning, it's better if I talk about the meaning, types, and use of the money first.
Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. There are three types of money, namely:
1. Commodity money.Is a good whose value serves as the value of money. Gold coins are an example of commodity money.
2. Fiat money.Is a good, the value of which is less than the value it represents as money. Dollar bills are an example of fiat money because their value as slips of printed paper is less than their value as money.
3. Bank money.It consists of the book credit that banks extend to their depositors. Transactions made using checks drawn on deposits held at banks involve the use of bank money.
There are three original functions of money, namely as a medium of exchange, as a unit of calculation, and as a store of value.So, basically money is something precious for human being. So precious that there are many people who want to be arranged or treated at the will of someone who has a lot of money to do anything. That is the background of the emergence of the phrase "Money Talks".
According to Cambridge Dictionary, there are two meanings of money talks. The first, said about people or organizations that are rich, and can therefore get or do what they want. The second, means wealthy people receive special treatment or have more power and influence.
E.g: Unfortunately, in this town money talks, and if you don't have money you can forget it.
So, from the meanings and the example above we can conclude that people start making money as their power to do anything they want.
References:
https://www.google.com/amp/s/dictionary.cambridge.org/amp/english/money-talks
https://www.cliffsnotes.com/study-guides/economics/money-and-banking/definition-of-money
https://www.zumiez.com/dgk-money-talks-sticker.html
How are you guys?
I hope all of you are doing good.
Please, stay at home and stay safe.
May God always protect us from the corona virus.
Well, in this post I'm going to talk about "Money Talks". Have you ever heard of this sentence before? If you do, what does it mean?
Before talking about "Money Talks" meaning, it's better if I talk about the meaning, types, and use of the money first.
Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. There are three types of money, namely:
1. Commodity money.Is a good whose value serves as the value of money. Gold coins are an example of commodity money.
2. Fiat money.Is a good, the value of which is less than the value it represents as money. Dollar bills are an example of fiat money because their value as slips of printed paper is less than their value as money.
3. Bank money.It consists of the book credit that banks extend to their depositors. Transactions made using checks drawn on deposits held at banks involve the use of bank money.
There are three original functions of money, namely as a medium of exchange, as a unit of calculation, and as a store of value.So, basically money is something precious for human being. So precious that there are many people who want to be arranged or treated at the will of someone who has a lot of money to do anything. That is the background of the emergence of the phrase "Money Talks".
According to Cambridge Dictionary, there are two meanings of money talks. The first, said about people or organizations that are rich, and can therefore get or do what they want. The second, means wealthy people receive special treatment or have more power and influence.
E.g: Unfortunately, in this town money talks, and if you don't have money you can forget it.
So, from the meanings and the example above we can conclude that people start making money as their power to do anything they want.
References:
https://www.google.com/amp/s/dictionary.cambridge.org/amp/english/money-talks
https://www.cliffsnotes.com/study-guides/economics/money-and-banking/definition-of-money
https://www.zumiez.com/dgk-money-talks-sticker.html
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