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Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency




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Information Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency


Title :  Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency
Lasting :   1.20
Date of publication :  
Views :   51 rb


Frames Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency





Description Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency



Comments Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency



Sp1nks24
Digital currency?
Comment from : Sp1nks24


Aaryaveer Dubey
I had to literally slow down the speed
Comment from : Aaryaveer Dubey


Aaryaveer Dubey
You are speaking too fast It's difficult to understand you even with captions
Comment from : Aaryaveer Dubey


Loujyplays
this is a good video it helped me but idk if its me only but hes talking rlly fast but all in all this is great
Comment from : Loujyplays


Hayden Wagner
Representative money should be called receipt money
Comment from : Hayden Wagner


Juan Pablo Sanchez Aveleyra
isn't fiat money a commodity itself?
Comment from : Juan Pablo Sanchez Aveleyra


Shaun Wolfe
Amazing video man keep up the good work I'm going to subscribe immediately!!
Comment from : Shaun Wolfe


Revolutionary Prepper
The problem with the word currency is that the words currency and money are used interchangeably!
Comment from : Revolutionary Prepper


Jessie Plexer
Very nice and short overview, however, it seemed like It was speeding up a bit in the end 🙂
Comment from : Jessie Plexer


Philly_Beez
implying that you don’t ALWAYS need something in return i can safely say that bartering is the only form of money that is 100 corruption free and we need to all restore back to that, if we want to see peace and love on earth
Comment from : Philly_Beez


Geeta Chache
Sir vedio is nice but it should be slow
Comment from : Geeta Chache


Antonio Hidalgo-Landa MSc MBCS CITP
While there are commodity currencies with an intrinsic value, like cattle (you can either eat, milk or farm), there are others like seashell, gold or silver, where value is artificial (you cannot eat a bar of gold) They have a value because we all agree that the have a value The main difference between Fiat Money and these other is the physical scarcity of the latter (seashell, gold or other ores)
Comment from : Antonio Hidalgo-Landa MSc MBCS CITP


비니버니 BEENEE BUNNEE
"supply and demand with the state's blessing sprinkled in" lol
Comment from : 비니버니 BEENEE BUNNEE


John Smith
In the past, People held @ as an investment,brNow people hold @ as a safe haven for protection, brSoon @ and Gold will be the only form of Real Money brSilverToken are Real Money with Real ValuebrConvert while you can
Comment from : John Smith


Khalidha Z
Is token money and fiat money the same
Comment from : Khalidha Z


jackgoldman1
Gold is a claim on the past Only gold is money Debt and notes are a claim on the past Credit Credit is not money
Comment from : jackgoldman1


(Blue Exodus)Mr Bobby Wright
its all a game
Comment from : (Blue Exodus)Mr Bobby Wright


hayat said
great, very simplified, but please speak a bit slower next time
Comment from : hayat said


Sarthak Sharma
BabybrbrJustin BieberbrbrOoh whoa, ooh whoa, ooh whoabrYou know you love me, I know you carebrJust shout whenever and I'll be therebrYou are my love, you are my heartbrAnd we will never, ever, ever be apartbrbrAre we an item? Girl quit playin'brWe're just friends, what are you sayin'brSaid there's another, look right in my eyesbrMy first love, broke my heart for the first timebrbrAnd I was like baby, baby, baby ohbrLike baby, baby, baby nobrLike baby, baby, baby ohbrI thought you'd always be mine (mine)brBaby, baby, baby ohbrLike baby, baby, baby nobrLike baby, baby, baby oohbrI thought you'd always be minebrbrOh for you, I would have done whateverbrAnd I just can't believe we ain't togetherbrAnd I wanna play it coolbrBut I'm losin' youbrI'll buy you anythingbrI'll buy you any ringbrAnd I'm in pieces, baby fix mebrAnd just shake me, 'til you wake me from this bad dreambrI'm goin' down, down, down, downbrAnd I can't just believe my first love won't be aroundbrbrAnd I'm like baby, baby, baby ohbrLike baby, baby, baby nobrLike baby, baby, baby ohbrI thought you'd always be mine (mine)brBaby, baby, baby ohbrLike baby, baby, baby nobrLike baby, baby, baby oohbrI thought you'd always be minebrbrLuda, when I was thirteen, I had my first lovebrThere was nobody that compared to my babybrAnd nobody came between us no one could ever come abovebrShe had me goin' crazybrOh, I was starstruckbrShe woke me up dailybrDon't need no StarbucksbrShe made my heart poundbrAnd skip a beat when I see her in the street andbrAt school on the playgroundbrBut I really wanna see her on the weekendbrShe know she got me dazin'br'Cause she was so amazin'brAnd now my heart is breakin'brBut I just keep on sayin'brbrBaby, baby, baby ohbrLike baby, baby, baby nobrLike baby, baby, baby ohbrI thought you'd always be mine (mine)brBaby, baby, baby ohbrLike baby, baby, baby nobrLike baby, baby, baby oohbrI thought you'd always be minebrbrNow I'm gonebrYeah, yeah, yeahbrYeah, yeah, yeah (now I'm all gone)brYeah, yeah, yeahbrYeah, yeah, yeah (now I'm all gone)brYeah, yeah, yeahbrYeah, yeah, yeah (now I'm all gone)brGone, gone, gone, I'm gonebrbrSongwriters: Christopher Bridges / Justin Bieber / Christina Milian / Terius Nash / Christopher StewartbrbrBaby lyrics © Sony/ATV Music Publishing LLC, Warner/Chappell Music, Inc, Universal Music Publishing Group, BMG Rights Management, Kobalt Music Publishing Ltd
Comment from : Sarthak Sharma


John Smith
One way to look at fiat is that Fiat money is that represents settlement of the debt itself rather than a certificate redeemable at a later date Paying in cash today is analogous to paying in species (actual gold) back in the day
Comment from : John Smith


bev lower
Great Job Thank You Nothing controversial here "Just the facts man, nothin' but the facts"
Comment from : bev lower


sanisidrocr
Great video Left off one type "Peoples currency" or "decentralized currency" for bitcoin
Comment from : sanisidrocr


Sanji D Vinsmoke
I am one of those who use term FIAT Currency 😎
Comment from : Sanji D Vinsmoke


Praw Merld
There's also crypto
Comment from : Praw Merld


far iha
Please speak slowly or it was edited faster?
Comment from : far iha


Diksha Gehlot
splendid 👌 and plz next time speak slowly
Comment from : Diksha Gehlot



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