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| | Money - Wikipedia, the free encyclopedia |
 | | Banknotes (also known as paper money) and coins are the most liquid forms of tangible money and are commonly used for small person-to-person transactions. | | | Money is one of the most central topics studied in economics and forms its most cogent link to finance. | | | The money created in the bank loan process is bank money and these two forms of money trade at par one with the other. |
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http://en.wikipedia.org/wiki/Money
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| | Money |
| | Exchequer money it is accepted to name simply paper money as against bank money which by the nature are credit money. | | | Paper money are two kinds: state money, let out by exchequer and bank money. | | | historically paper money have arisen before credit money. |
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http://www-money.blogspot.com
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| | Money Creation |
| | Though the bank created money, it was limited by the possibility that holders of the paper would bring in the paper and demand gold. | | | Though the logic of money creation is easiest to see in the case of paper money issued by the banks, our banks now do not issue paper. | | | Money creation was a by-product of the making of the loan. |
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http://ingrimayne.saintjoe.edu/econ/Banking/Commodity2.html
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| | ShitBegone Toilet Paper |
| | which means you spend less time unrolling and folding up the paper, and makes it less likely to break or leak through. | | | Only the best patterns and companies are able to overcome it and they all spend a lot of money trying. | | | We sell unembossed paper because it's a better value. |
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http://www.shitbegone.com
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| | Fiat Money |
| | Chinese government paper money was then issued in 1131 AD to finance military spending and soon afterwards official paper issue started in earnest. | | | In spite of a constitutional bar to un-backed paper money which existed at the time Abraham Lincoln was forced, in 1862, to issue the first trance of what was eventually $450,000,000 of "greenbacks" needed to finance the North's efforts during the civil war. | | | private individuals were permitted to coin money, or, what is the same thing, they were accorded the right to require the government to turn their bullion into money, free of taxation, loss, or expense. |
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http://www.baldwintrustgroup.org/Money/fiat_money.htm
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| | Fiat Money |
| | Chinese government paper money was then issued in 1131 AD to finance military spending and soon afterwards official paper issue started in earnest. | | | In spite of a constitutional bar to un-backed paper money which existed at the time Abraham Lincoln was forced, in 1862, to issue the first trance of what was eventually $450,000,000 of "greenbacks" needed to finance the North's efforts during the civil war. | | | private individuals were permitted to coin money, or, what is the same thing, they were accorded the right to require the government to turn their bullion into money, free of taxation, loss, or expense. |
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http://www.baldwintrustgroup.org/Money/fiat_money.htm
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| | Fiat money - Wikipedia, the free encyclopedia |
| | On this view, all paper and credit money is backed by the assets of the entity that issued it--usually by the gold and bonds of the central bank or the tax collecting ability of the government that issued it. | | | Advocates of "debt-free money" argue that money which requires the issuing of central bank debt is a burden on the public. | | | The relation of fiat money, usury, debt interest, and commodity money is complex and must usually be established in a political economy as a whole. |
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http://en.wikipedia.org/wiki/Fiat_currency
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| | Money Times |
| | Philip Driver Currency Lists investment grade US Paper money. | | | Before the widespread use of paper money, money was usually made out of precious elements such as gold, platinum and silver. | | | After 9/11, a Torrent of Money, and Anger Detailed report on the distribution of the money provided by the federal government for disaster relief and rebuilding. |
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http://www.serebella.com/encyclopedia/article-Money_Times.html
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| | paper money chapter |
| | The hard money men held that the paper currency should be retired, and they were reluctant to issue paper money at all. | | | This would lead to a return to hard money policies, and the supply of paper money would be restricted, hampering business activity until some new turn of events led to a re-emergence of paper money, and the cycle of soft money, hard money would begin again. | | | Most economists agree that mismanagement of the money supply is a major cause of both inflation and recession. |
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http://www.csun.edu/~hceco008/c29.htm
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| | MONEY - LoveToKnow Article on MONEY |
| | The state issues paper money which may be either convertible or inconvertible, or if it refrains from so doing, the banks take up the task and supply a medium of Ixchange in the form of notes, or by a later development through providing for the use of cheques by their customers. | | | At this stage the history of the two distinct forms of representative money becomes mixed, owing to the control exercised over banks by government and to the fact that banking companies were in many cases the agents by which what was virtually state money was issued. | | | In applying the theory to the special case of money, the first consideration is the fact that gold and silver, the principal money materials, are the products of mines, and are produced at different costs, so that their values depend on the portions raised at greatest cost. |
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http://52.1911encyclopedia.org/M/MO/MONEY.htm
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| | Paper Money & Bank Note WWW Directory |
| | ATS Numismatics World Banknotes, Paper Money, etc., Large selection of numismatic world banknotes, with separate detailed list of banknotes from former Soviet Union countries. Also the list of the local and private paper money, collectible bond and stock certificates. | | | Barry Boswell World Banknotes, I have been dealing in paper money in the U.K. for 15 years and I hold a large and varied stock of banknotes. | | | Audrius Tomonis, world paper money, retail & wholesale. Extensive pricelist of world paper money with many scanned images available online since June 1997. Pricelists updated every month. Paper Money & Coins Discussion Group and World Paper Money Chat also available. |
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http://webhome.idirect.com/~mjp/mjpwww.html
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| | Assignats -- Fiat Money Inflation in France |
| | And now was seen, taking possession of the nation, that idea which developed so easily out of the fiat money system;--the idea that the ordinary needs of government may be legitimately met wholly by the means of paper currency;--that taxes may be dispensed with. | | | The decline in the purchasing power of paper money was in obedience to the simplest laws in economics, but France had now gone beyond her thoughtful statesmen and taken refuge in unwavering optimism, giving any explanation of the new difficulties rather than the right one. | | | As a consequence, the issues of paper money were continued in increased amounts, on the old theory that they were guaranteed by the solemn pledge of these lands belonging to the state. |
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http://www.usagold.com/gildedopinion/assignats.html
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| | fiat money on Encyclopedia.com |
| | Under conditions of proper monetary management, however, fiat paper money can be a stable currency. | | | Earlier, less stable examples of fiat paper money were the continentals issued by the American government during the Revolutionary War, the assignats issued during the French Revolution, and the greenbacks issued by the U.S. government during the Civil War. | | | The circulation of fiat money may lead to inflation, whereas money redeemable in gold or other securities is held much less likely to do so. |
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http://www.encyclopedia.com/html/f1/fiatmone.asp
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| | Commercial Paper Product Overview |
| | Commercial paper is generally considered to be the highest yielding money market investment. | | | Commercial paper is zero coupon debt, meaning that the investor buys the bond at a discount from face value (par), holds the bond until maturity, and earns interest income based on the difference between the buy price and the face value. | | | Commercial paper is short-term, unsecured debt typically issued by large capitalized firms to finance their day to day cash needs. |
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http://personal.fidelity.com/products/fixedincome/pocommercial.shtml
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| | Introduction to Macroeconomics - Chapter 11 |
| | Fiat money is similar to representative money (it is paper or coins made from inexpensive metals) except that it can't be redeemed for a commodity, such as gold and silver. | | | There are two primary problems with commodity money: there is an opportunity cost of using commodities as money and changes in the supply and demand of the commodity affect the value of the currency, which may be beyond the control of the government. | | | Fiat money is backed only by "full faith and credit of the government." Fiat money is money not simply because of government decree but because it is accepted by people as money. |
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http://mason.gmu.edu/~tlidderd/104/ch11Lect.html
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| | Less Than Zero By Daniel Gross |
| | But if the money that overwhelmingly funded commercial paper moved to bank accounts from money-market funds, companies would be forced to turn to banks for short-term debt. | | | At a time when banks were barred from paying out market-rate interest on savings, money-market funds could protect investors against the ravages of inflation by purchasing high-yielding, highly secure short-term debt instruments: three-month Treasury bills, municipal bonds, and commercial paper—short-term borrowings liberally employed by corporations. | | | According to iMoneynet, the average gross yield on assets held by money-market mutual funds is 1.27 percent. |
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http://www.slate.com/id/2084672
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| | Miller Risk Advisors - Money Illusion Revisited |
| | This paper examines a corollary of their result: in the presence of money illusion the correlation between stock and bond returns will be abnormally high during periods of high inflation. | | | The form that the money illusion took was straightforward: an upward movement in inflation would generate a one-time permanent reduction in nominal accounting net income without changing the real value of the firm, and this illusory drop in earnings would trigger a decline in equity values. | | | However, starting with the insight that money illusion would affect not only the value of equity but also the correlation of its returns with debt returns we found empirical evidence to support the expected linkage between inflation and stock/bond correlations. |
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http://home.earthlink.net/~millerrisk/Papers/MI.htm
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| | EH.Net Encyclopedia: Money in the American Colonies |
| | This should be understood to be paper money and specie equal in value to 12 million dollars, not 12 million Spanish dollars. | | | Thus issues of money which are accompanied by increases in the (expected) discounted present value of the government’s revenues need not be inflationary.” One obvious problem with this theory is that the New England bills of credit which did depreciate were issued in exactly the same way. | | | At certain times, and in certain colonies, however, specific commodities came to be so widely used in transactions that they might appropriately be termed money. |
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http://eh.net/encyclopedia/?article=michener.american.colonies.money
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| | money.htm |
| | Unlike the commodity money on which our nation was built, fiat money consists of worthless coins with little or no precious metal in them (if melted down, they would not be worth their face value), and of paper currency that cannot be redeemed for gold or silver and is, in fact, backed by absolutely nothing. | | | Considering that the cost of printing paper money is minimal, the federal government makes an enormous windfall profit whenever it places new bills in circulation. | | | ...the large amount of soft money given to both parties by various industries and the aggregate amount of tax breaks those industries received. |
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http://www.fdungan.com/money.htm
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| | Electronic Money - Consumer Information, Federal Reserve Bank of Chicago |
| | Electronic transactions cost less to process because there are no paper checks to be transported, handled, or reconciled. | | | The most common form of electronic money transfer is the ATM, or automated teller machine, which enables consumers to access existing accounts and make deposits, obtain cash, and transfer funds between accounts. | | | Electronic payments account for more than 90 percent of the dollar value of transactions. |
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http://www.chicagofed.org/consumer_information/electronic_money.cfm
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| | Commodity Money Syndrome |
| | Such "company money" was ordinarily produced in places or times when it was inconvenient or not customary to use gold or silver, when a bank or government had recently defrauded users of its paper money, or when laws made it difficult or costly for prospective money users to acquire the customary money. | | | Mises and Hayek assumed that either commodity money or a commodity was the anchor on which all other money and credit must be based, including the money that resulted from free banking. | | | Because credit and credit money are so important in a modern society (1913), economists who aim to explain the kinds of changes that make up the subject matter of modern macroeconomics ought to pay far more attention to credit than to commodity money. |
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http://www.gunning.cafeprogressive.com/subjecti/workpape/haymon.htm
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| | Campbell R. Harvey's Hypertextual Finance Glossary |
| | The securities in a money market can be U.S.government bonds, Treasury bills and commercial paper from banks and companies. | | | Money markets are for borrowing and lending money for three years or less. | | | The accounting principle that requires the recognition of all costs that are associated with the generation of the revenue reported in the income statement. |
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http://www.duke.edu/~charvey/Classes/wpg/bfglosm.htm
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| | HOT MONEY Section: CORPORATE FINANCE Magazine: Chief Executive, JUNE 1995 |
| | One upshot is that hot money leaves a paper trail. | | | But it also defines the transactions and maneuvers of the underground economy: money laundering by international drug cartels, for example, or capitalist profits in developing nations seeking asylum in overseas banks. | | | The Federal Reserve daily charters a fleet of more than 200 planes to move the nation's 2 billion checks, and postal workers spend much of their time pushing around the tons of paper associated with financial transactions. |
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http://mgv.mim.edu.my/Articles/00153/9602103.Htm
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| | EH.Net Encyclopedia: Money in the American Colonies |
| | After prolonged and contentious negotiation with imperial authorities, the Currency Act of 1770 permitted New York to issue paper money that was a legal tender in payments to the colonial government, but not in private transactions. | | | Hamilton was arguing in favor of banks when he made this oft-cited estimate, and his purpose in presenting it was to show that the circulation was capable of absorbing a great deal of paper money, which ought to make us wonder whether his estimate might have been biased by his political agenda. | | | In New York, for instance, early issues were legal tender, but the Currency Act of 1764 put a halt to new issues of legal tender paper money; the legal tender status of practically all existing issues expired in 1768. |
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http://www.eh.net/encyclopedia/?article=michener.american.colonies.money
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| | Exploring Money Creation |
| | Paper money is a promise by the goldsmith to pay gold.) | | | What changes will take place in the above balance sheet if a merchant who borrowed 3 from Goldsmith Banker pays off his debt using paper money which the bank issued? | | | Will the amount of money change as a result of this transaction? |
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http://ingrimayne.saintjoe.edu/econ/Banking/exploring_money_creation.htm
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| | Money Market Funds |
| | Money market funds invest in Treasury bills, commercial paper, banker's acceptances, negotiable certificates of deposit, repurchase agreements and short-term debts of U.S. Government agencies. | | | The money market is the market for short-term debt securities. | | | Money market mutual funds invest in short term debt obligations of corporations and governments. |
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http://www.ameritrade.com/educationv2/fhtml/stocksfunds/moneymktfunds.fhtml
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| | History of Money (Becraft) |
| | With the services of paper money willingly enlisted by the Revolutionary governments, these governments exchanged their bills of credit, which promised redemption in specie at some future date, for war materiel, supplies and men. | | | A scarce metal is the most obvious form of money imaginable in that it is indestructible in comparison to precious stones, agricultural commodities and especially paper, and this indestructibility gives to it long life as a medium of exchange and thus it is capable of surviving all sorts of calamities, including changes in government. | | | To relieve this distress, paper money was issued, worthless lands and other property of no use to the creditor were made a tender in payment of debts; and the time of payment, stipulated in the contract, was extended by law. |
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http://libertylibrary.us/id53.htm
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| | Regional Economist |
| | Commercial paper is now one of the more, if not the most, important instruments in the U.S. money market, thanks in large part to rating systems and backup lines of credit. | | | Commercial paper is also a low-risk asset--one that carries little risk of default--because the typical issue has such a short maturity and is the liability of a high-quality firm. | | | Such credit enhancements are irrevocable and can take a number of forms: standby letters of credit purchased from commercial banks; parent company guarantees of their subsidiaries' commercial paper; and insurance company indemnity bonds purchased by commercial paper issuers. |
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http://www.stls.frb.org/publications/re/1998/b/re1998b3.html
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| | CacheMatrix White Paper Addresses Banks' Demand for Institutional Money Fund Portals |
| | CacheMatrix Holdings, LLC, a leading provider of institutional money market fund trading technology to banks, today issued a white paper on the growing interest among CFOs and treasury officers in institutional money fund portals for managing cash holdings. | | | Denver, CO (PRWEB) March 28, 2006 -- CacheMatrix Holdings, LLC, a leading provider of institutional money market fund trading technology to banks, today issued a white paper on the growing interest among CFOs and treasury officers in institutional money fund portals for managing cash holdings. | | | The report outlines the competitive pressures that are driving innovation in the area of cash management, particularly institutional money market funds -- a market that has grown rapidly in recent years, accounting for as much as 25 percent of the $5 trillion in business short term assets. |
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http://www.prweb.com/releases/2006/3/inktomi363859.php
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| | Banks Create Money |
| | A checking account is nothing more than money which the bank owes you, and paper money represents something that the Federal Reserve System owes you. | | | These readings explain how bank-debt money evolved from commodity money and how transactions in the banking system can be analyzed using balance sheets. | | | Thus, money creation is a side-effect of banking. |
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http://ingrimayne.saintjoe.edu/econ/Banking/Overview10ma.html
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