Money seems to have a big role in our society; you can’t do much or get far if you don’t have any. Money is valuable in different ways, even when you don’t see it physically. In today’s society you must have faith in the government and in the banking system that your money is being handled in the proper manner; if not, then you would have to hide all of your money under your mattress or around your house. I have no clue what happens in the banks, or how they take care of your money. I always thought money was simple; you either have some or you don’t—that’s it. However, being introduced to this assignment, the Yap Fei, US gold, French francs, Brazilian cruzeros, and debit accounts now seem similar. You don’t actually see your money being transferred. When you get paid, you aren’t handed cash, you don’t receive a physical check, the money’s all directly transferred to your bank account, and you just have to trust that you got more money.
Money seems to have a big role in our society. Without money we can not have the luxuries in life. We see money in different ways it is intangible and tangible. We as a nation have to trust our government and our banks to handle our money properly. We don’t know what the banks do with our money we just trust them when we place our money inside the bank. Money is not as simple as it seems as we saw in our assignments Yap Fei, US gold, French francs its a lot more complex than we think. We don’t see our money being transferred it is directly deposited into our accounts.