A currency; in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. Under this definition, British Pounds, Australian Dollars, European Euros, Russian Ruble, Japanese Yen, Korean Won and US Dollars are examples of currency. These various currencies are recognized as stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance.
Other definitions of the term "currency" are discussed in their respective synonymous articles banknote, coin, and money.
WHY DO PEOPLE ALWAYS WANT MORE MONEY NO MATTER HOW MUCH THEY HAVE ?
Somewhat rightly, most people equate money with security. Having enough money to live on and to pursue and achieve our goals is a goal of just about everybody.
I'd say there's four basic types of people out there with respect to money and security:
People with normal security needs who have met them: You meet these people sometimes. People who are happy with what they've got and don't need anything more. These people might turn down a better paying job because it requires more hours. They're content with life and don't feel threatened.
People with normal security needs who haven't met them: These people have relatively normal security needs, but they haven't been able to meet them yet. Maybe they have a low income or maybe they have a lot of kids to provide for. These people usually work hard to bring in more money, because they rightly assume that they need it.
Perpetually insecure people: These are the people whose security needs will always be slightly out of reach. Constantly comparing themselves to others, they won't see themselves as secure until they get to the next rung of the ladder (at which point the rung after that will represent security). Maybe this is due to a complete inability to rein in their own extravagant spending habits or maybe it is due to the trauma of having lived at a time when there wasn't any security at all. These unfortunate people will never have the luxury of feeling themselves to be secure no matter how much money they have.
People for whom money and security have been decoupled: These people are likely to be billionaires and other supremely wealthy folks.
I am very happy to say that society pressures tend to place a lot of people in the 2nd and 3rd camps these days. Income inequality has really skyrocketed, leaving a lot of people without security and a lot of other people feeling like they don't have any security.
Still, there are most certainly people out there who are happy with what they have, and there are many riches in life beyond riches. Let's hope the pendulum swings back towards more security in the near future.
>>>BECAUSE OF WHAT ?
1# - Too many people spend money they earned...To buy things they don't want...To impress people that they don't like!!!
2# - A wise person should have money in their head, but not in their heart!!!
3# - Wealth consists not in having great possessions, but in having few wants!!!
4# - Money often costs too much!!!
5# - Everyday in a bank account, and time is our currency. No one is rich, no one is poor, we're got 24 hours each!!!
6# - It's how you deal with failure that determines how you achieve success!!!
7# - I love money, I love everything about it. I bought some pretty good stuff. Got me a $500 sometimes stuff. And, of course, I bought some dumb stuff, too !!!
9# - Opportunity is missed by most people because it is dressed in overalls and looks like work!!!
10# - What we really want to do is what we are really meant to do. When we do what we are meant to do, money comes to us, doors open for us, we feel useful, and the work we do feels like play to us!!!
11# - I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for ten years!!!
12# - Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one!!!
@ Jackie San
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