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 determines how far a person advances in our society, but more often than not, it cannot even be seen. Money is not a simple matter of whether someone has it or not, but rather a matter of faith- faith in government and faith in the banks. Examples spanning history, from the stone money of the Yap people in the early 1900s to the Brazilian cruzeros of the 1990s, show that tangible currency has gradually phased out of relevance until leaving us where we are today: with debit accounts and paychecks that are not physical checks, but money transferred directly to a bank account with nothing but faith backing it.