Comments on: CLOSED - Video Announcement: Contest #1 http://www.helpmycashgrow.com/2008/04/14/video-announcement-contest-1/ "Help Me Help You Grow Your Cash" Thu, 24 Jul 2008 18:13:44 +0000 http://wordpress.org/?v=2.6 By: philip halter http://www.helpmycashgrow.com/2008/04/14/video-announcement-contest-1/#comment-192 philip halter Tue, 13 May 2008 22:40:14 +0000 http://www.helpmycashgrow.com/?p=61#comment-192 great sweepstakes great sweepstakes

]]> By: kim http://www.helpmycashgrow.com/2008/04/14/video-announcement-contest-1/#comment-189 kim Tue, 13 May 2008 19:57:18 +0000 http://www.helpmycashgrow.com/?p=61#comment-189 yah, money has no instrinsic value, it is a part of development.. before people live with bartering, but exchanging products don't really have the same value, one is greater one is least, so they formed money to be fair, and i think there is a law and it's not allowed for the government to make money even it's very easy because they will break the rule... if there is money, more competition yah, money has no instrinsic value, it is a part of development.. before people live with bartering, but exchanging products don’t really have the same value, one is greater one is least, so they formed money to be fair, and i think there is a law and it’s not allowed for the government to make money even it’s very easy because they will break the rule… if there is money, more competition

]]> By: Will White http://www.helpmycashgrow.com/2008/04/14/video-announcement-contest-1/#comment-177 Will White Sat, 10 May 2008 14:44:04 +0000 http://www.helpmycashgrow.com/?p=61#comment-177 Money serves both the seller and the buyer. I may have a cow for sale, but only need a new cart. How to find just that one person who has one so we can trade? Then there is the question of worth for worth. The cart may need repair to one wheel. My cow may be of prime quality. By coming up with a standard, I can get rid of my cow, and using money, obtain that cart, and something else to make up for my more valuable cow. Money servers both the buyer and the seller. The problem arises with the midman, who gets their cut to complete the transaction. If the midman gets too much, then both buyer and seller are reluctant to do business. So it is in the midman's interest to keep the cut as low as possible, but enough to justify his or her effort in the transaction. While everyone decries the midman, these bankers and financial agents are the grease that keeps the money machinery working. So there you have it, the three spokes that keep commerce working. Money serves both the seller and the buyer. I may have a cow for sale, but only need a new cart. How to find just that one person who has one so we can trade? Then there is the question of worth for worth. The cart may need repair to one wheel. My cow may be of prime quality. By coming up with a standard, I can get rid of my cow, and using money, obtain that cart, and something else to make up for my more valuable cow.

Money servers both the buyer and the seller. The problem arises with the midman, who gets their cut to complete the transaction. If the midman gets too much, then both buyer and seller are reluctant to do business. So it is in the midman’s interest to keep the cut as low as possible, but enough to justify his or her effort in the transaction.

While everyone decries the midman, these bankers and financial agents are the grease that keeps the money machinery working. So there you have it, the three spokes that keep commerce working.

]]> By: Jenny Castaneda http://www.helpmycashgrow.com/2008/04/14/video-announcement-contest-1/#comment-158 Jenny Castaneda Tue, 06 May 2008 15:17:45 +0000 http://www.helpmycashgrow.com/?p=61#comment-158 The monetary system is easier to use and understand than the gold system. A currency can be broken down in dollars and cents, whereas gold is broken down by bars. It is also a lot easier to carry money around than gold. The government has the power to regulate the monetary system, because the monetary system controls the market. Thus, the gold standard is not as sufficient system as the market progress towards globalization. The economy demanded is a better and easier exchange system in the form of currency. Also, the amount of money circulating in the economy is what moves the market. The monetary system is easier to use and understand than the gold system. A currency can be broken down in dollars and cents, whereas gold is broken down by bars. It is also a lot easier to carry money around than gold. The government has the power to regulate the monetary system, because the monetary system controls the market. Thus, the gold standard is not as sufficient system as the market progress towards globalization. The economy demanded is a better and easier exchange system in the form of currency. Also, the amount of money circulating in the economy is what moves the market.

]]> By: Kiran Faisal http://www.helpmycashgrow.com/2008/04/14/video-announcement-contest-1/#comment-155 Kiran Faisal Tue, 06 May 2008 13:45:11 +0000 http://www.helpmycashgrow.com/?p=61#comment-155 Money used to weigh equal to gold, it was used as a substitute. But not today because money actually represents debt, it doesn’t hold any value. But it still is the most important aspect of our society. Everything depends on money, because it has been established as the most convenient method of exchange for goods and services. I don’t think the government is worried about running out of gold as a resource. Gold is acquired by many just because it holds its value, unlike dollar which changes according to inflation and deflation. The governments control over money supply is important because without that the economy will be unstable the more flow of money in economy will cause the prices to drop and hurt everyone so the government needs to maintain control of the money supply. Money used to weigh equal to gold, it was used as a substitute. But not today because money actually represents debt, it doesn’t hold any value. But it still is the most important aspect of our society. Everything depends on money, because it has been established as the most convenient method of exchange for goods and services. I don’t think the government is worried about running out of gold as a resource. Gold is acquired by many just because it holds its value, unlike dollar which changes according to inflation and deflation. The governments control over money supply is important because without that the economy will be unstable the more flow of money in economy will cause the prices to drop and hurt everyone so the government needs to maintain control of the money supply.

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