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The history of money is the development over time of systems for the exchange, storage, and measurement of wealth.Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter.
PowerPoint had been included in Microsoft Office from the beginning. PowerPoint 2.0 for Macintosh was part of the first Office bundle for Macintosh which was offered in mid-1989. [55] When PowerPoint 2.0 for Windows appeared, a year later, it was part of a similar Office bundle for Windows, which was offered in late 1990. [56]
Legal tender, or narrow money (M0) is the cash created by a Central Bank by minting coins and printing banknotes. Bank money, or broad money (M1/M2) is the money created by private banks through the recording of loans as deposits of borrowing clients, with partial support indicated by the cash ratio. Currently, bank money is created as ...
Creating money activates idle resources, mainly labor. Not doing so is immoral. Demand can be insensitive to interest rate changes, so a key mainstream assumption, that lower interest rates lead to higher demand, is questionable. There is a "free lunch" in creating money to fund government expenditure to achieve full employment.
Money velocity had been stable and grew consistently until around 1980 (green). After 1980 (blue), money velocity became erratic and the monetarist assumption of stable money velocity was called into question. [94] Monetarism attracted the attention of policy makers in the late-1970s and 1980s.
Pages in category "History of money" The following 38 pages are in this category, out of 38 total. This list may not reflect recent changes. ...
The Ascent of Money: A Financial History of the World is a 2008 book by then-Harvard professor Niall Ferguson, [1] and an adapted television documentary for Channel 4 (UK) and PBS (US), [2] which in 2009 won an International Emmy Award. It examines the long history of money, credit, and banking.
Gaskins was educated in Computer Science at University of California, Berkeley, and subsequently did interdisciplinary graduate study in literature and computing. [1]In the early 1980s Gaskins worked five years as manager of computer science research at Bell Northern Research, an international telecommunications R&D laboratory in Silicon Valley. [1]
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