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#1 2023-06-25 21:27:31

full
Member
Registered: 2023-01-06
Posts: 2,616

Why does money controls the global economy

One of the most vital resources in today's society is money. It is crucial to the operation of contemporary economies. Money has grown to be so significant that it now controls the global economy.

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#2 2023-06-25 21:52:00

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Why does money controls the global economy

full;15749 wrote:

One of the most vital resources in today's society is money. It is crucial to the operation of contemporary economies. Money has grown to be so significant that it now controls the global economy.

Money has dominated the face of economy and its has become more powerful as time goes by.

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#3 2023-06-25 21:53:53

MRBEAST
Member
Registered: 2023-05-22
Posts: 410

Re: Why does money controls the global economy

I have seen how does the poor affect crypto-currency now it's hkw does money control the economy, for real all of this questions are very basic

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#4 2023-06-25 23:34:31

level
Member
Registered: 2023-01-19
Posts: 1,844

Re: Why does money controls the global economy

I believe money controls the global economy because it's a good medium of exchange that makes it easier to exchange goods and services. Money is a necessity because it can be used by people to buy the goods or services they desire or need.

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#5 2023-06-25 23:34:49

Vastextension
Member
Registered: 2022-11-19
Posts: 2,701

Re: Why does money controls the global economy

level;15833 wrote:

I believe money controls the global economy because it's a good medium of exchange that makes it easier to exchange goods and services. Money is a necessity because it can be used by people to buy the goods or services they desire or need.

The availability of money is essential for economic growth because it enables companies to invest in equipment, resources, and labor to increase their operations and produce income.

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#6 2023-06-25 23:35:05

joanna
Member
Registered: 2023-01-10
Posts: 3,896

Re: Why does money controls the global economy

Vastextension;15834 wrote:
level;15833 wrote:

I believe money controls the global economy because it's a good medium of exchange that makes it easier to exchange goods and services. Money is a necessity because it can be used by people to buy the goods or services they desire or need.

The availability of money is essential for economic growth because it enables companies to invest in equipment, resources, and labor to increase their operations and produce income.

A person's financial situation determines their social standing and gives them access to benefits like better healthcare, education, and quality of life.

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#7 2023-06-25 23:35:24

oba
Member
Registered: 2023-01-13
Posts: 1,869

Re: Why does money controls the global economy

joanna;15835 wrote:
Vastextension;15834 wrote:
level;15833 wrote:

I believe money controls the global economy because it's a good medium of exchange that makes it easier to exchange goods and services. Money is a necessity because it can be used by people to buy the goods or services they desire or need.

The availability of money is essential for economic growth because it enables companies to invest in equipment, resources, and labor to increase their operations and produce income.

A person's financial situation determines their social standing and gives them access to benefits like better healthcare, education, and quality of life.

Money grants people and organizations the ability to exercise power and control over a variety of resources, including people, land, and raw materials.

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#8 2023-06-25 23:35:44

thrive
Member
Registered: 2023-01-04
Posts: 2,575

Re: Why does money controls the global economy

oba;15836 wrote:
joanna;15835 wrote:
Vastextension;15834 wrote:

The availability of money is essential for economic growth because it enables companies to invest in equipment, resources, and labor to increase their operations and produce income.

A person's financial situation determines their social standing and gives them access to benefits like better healthcare, education, and quality of life.

Money grants people and organizations the ability to exercise power and control over a variety of resources, including people, land, and raw materials.

Money is a major motivator for people to work, invest in businesses, and be productive. It gives people a reason to put in the effort and think creatively in order to succeed financially.

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#9 2023-06-25 23:36:06

Vastextension
Member
Registered: 2022-11-19
Posts: 2,701

Re: Why does money controls the global economy

thrive;15837 wrote:
oba;15836 wrote:
joanna;15835 wrote:

A person's financial situation determines their social standing and gives them access to benefits like better healthcare, education, and quality of life.

Money grants people and organizations the ability to exercise power and control over a variety of resources, including people, land, and raw materials.

Money is a major motivator for people to work, invest in businesses, and be productive. It gives people a reason to put in the effort and think creatively in order to succeed financially.

Money is a liquid asset that can be quickly converted into cash or used as collateral for loans. Because it makes investments and transactions easier, liquidity is crucial for economies to run smoothly.

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#10 2023-06-25 23:36:25

level
Member
Registered: 2023-01-19
Posts: 1,844

Re: Why does money controls the global economy

Vastextension;15838 wrote:
thrive;15837 wrote:
oba;15836 wrote:

Money grants people and organizations the ability to exercise power and control over a variety of resources, including people, land, and raw materials.

Money is a major motivator for people to work, invest in businesses, and be productive. It gives people a reason to put in the effort and think creatively in order to succeed financially.

Money is a liquid asset that can be quickly converted into cash or used as collateral for loans. Because it makes investments and transactions easier, liquidity is crucial for economies to run smoothly.

To sum up, while not everything in life revolves around money, it does play a significant role in modern society as it is required to maintain economies, businesses, and people.

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#11 2023-06-25 23:36:43

joanna
Member
Registered: 2023-01-10
Posts: 3,896

Re: Why does money controls the global economy

level;15839 wrote:
Vastextension;15838 wrote:
thrive;15837 wrote:

Money is a major motivator for people to work, invest in businesses, and be productive. It gives people a reason to put in the effort and think creatively in order to succeed financially.

Money is a liquid asset that can be quickly converted into cash or used as collateral for loans. Because it makes investments and transactions easier, liquidity is crucial for economies to run smoothly.

To sum up, while not everything in life revolves around money, it does play a significant role in modern society as it is required to maintain economies, businesses, and people.

Money's power over the world is largely a result of its important role in facilitating international trade, the exchange of goods and services.

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#12 2023-06-25 23:37:10

thrive
Member
Registered: 2023-01-04
Posts: 2,575

Re: Why does money controls the global economy

joanna;15841 wrote:
level;15839 wrote:
Vastextension;15838 wrote:

Money is a liquid asset that can be quickly converted into cash or used as collateral for loans. Because it makes investments and transactions easier, liquidity is crucial for economies to run smoothly.

To sum up, while not everything in life revolves around money, it does play a significant role in modern society as it is required to maintain economies, businesses, and people.

Money's power over the world is largely a result of its important role in facilitating international trade, the exchange of goods and services.

It also creates incentives for advancement and innovation, establishing social status, and fostering economic growth and prosperity.

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#13 2023-06-25 23:58:51

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: Why does money controls the global economy

thrive;15842 wrote:
joanna;15841 wrote:
level;15839 wrote:

To sum up, while not everything in life revolves around money, it does play a significant role in modern society as it is required to maintain economies, businesses, and people.

Money's power over the world is largely a result of its important role in facilitating international trade, the exchange of goods and services.

It also creates incentives for advancement and innovation, establishing social status, and fostering economic growth and prosperity.

Money has compounded as a third party trades that intercept within the two parties. And the power of our fund Should be in our hands not the centralised institute.

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#14 2023-06-26 19:08:38

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Why does money controls the global economy

The economy cannot function without money, that is what makes an economy, if there is no money no business will be able to grow, no country will be able to be involved in international trade and people will not be able to earn a living. Money is the most important factor in every economy because without money no country can survive.

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#15 2023-06-26 19:47:34

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Why does money controls the global economy

The government is pushing for a cashless economy that is more inclusive and says the changes will drive economic growth. Critics are skeptical about situations.

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#16 2023-11-30 18:11:47

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Why does money controls the global economy

Money provides a common unit of account, allowing for the standardized measurement of value. This facilitates price comparisons, financial planning, and economic calculations.

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#17 2023-11-30 18:12:58

Kelechi
Member
Registered: 2022-12-25
Posts: 3,040

Re: Why does money controls the global economy

CrytoCynthia;26533 wrote:

Money provides a common unit of account, allowing for the standardized measurement of value. This facilitates price comparisons, financial planning, and economic calculations.

It also allows for the creation of credit and debt, facilitating borrowing and lending. This credit system supports investment, consumption, and economic growth.

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#18 2023-11-30 18:24:33

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Why does money controls the global economy

While money is a crucial tool for economic functioning, its control and management are complex. Issues such as inflation, financial instability, and wealth inequality underscore the challenges associated with the global monetary system. Governments, central banks, and international organizations work to address these challenges and ensure the stability and functionality of the global economy.

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#19 2023-12-28 22:17:46

Kelechi
Member
Registered: 2022-12-25
Posts: 3,040

Re: Why does money controls the global economy

The stability and acceptance of a currency depend on confidence and trust. A widely accepted and trusted currency fosters economic stability and encourages investment.

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#20 2023-12-28 22:18:38

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Why does money controls the global economy

Money facilitates the price mechanism, where the forces of supply and demand interact to determine prices. This allows resources to be allocated efficiently within an economy and signals to producers and consumers.

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#21 2023-12-30 20:22:56

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Why does money controls the global economy

Money is the specific tools that greatly initiate the existence of development and creativities cause all designs are likely to be under trial before it becomes a finished project.

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#22 2023-12-30 20:36:42

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Why does money controls the global economy

crpuusd;28676 wrote:

Money is the specific tools that greatly initiate the existence of development and creativities cause all designs are likely to be under trial before it becomes a finished project.

Exactly. These world operate in a generating of value which is highly appreciated through payment, thats why we are seeing a lota pf technologist companies becoming more rich and controlling the economy with their Innovation technics.

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#23 2023-12-31 15:47:06

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Why does money controls the global economy

Europ;28681 wrote:
crpuusd;28676 wrote:

Money is the specific tools that greatly initiate the existence of development and creativities cause all designs are likely to be under trial before it becomes a finished project.

Exactly. These world operate in a generating of value which is highly appreciated through payment, thats why we are seeing a lota pf technologist companies becoming more rich and controlling the economy with their Innovation technics.

The systematic process to acquire wealth is by investment policy and these investment requires a money working for you in order to provides more assets. So the more money you put the more assets in return.

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#24 2023-12-31 16:12:02

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Why does money controls the global economy

If a lots of capital is disbursed to different commodities with the economical market system this will promote the control of various aspect of the economy .

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#25 2024-01-01 19:17:06

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Why does money controls the global economy

While Bitcoin is decentralized globally, its usage, acceptance, and regulatory treatment can vary from one country to another. In the UK, Bitcoin is legal, and individuals can buy, sell, and use it for transactions. Regulatory frameworks may influence aspects such as taxation and consumer protection.

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