The Value of Money

       


                                                              The Value of Money  
                   
                     If you look at money it is a fairly invaluable substance itself, its value comes from what it represents. What it represents is the resources that back up the purchasing power of the paper/metal itself. The value of the money depends on who is backing it up and wether they are a credible resource.   With proper backing up money is worth a lot, it is the power to get many things done and is a very reliable commodity.  However with nothing to back it up, such as much of our currency, its power is lost and it can get less things done.  All its worth is the emphasis that society as a whole is willing to place on it in correlation to what it is being backed up by. At one point our currency was backed by resources, namely silver and gold. Now our money is backed by the not so much of a promise of its current and future worth.