What Is Money?

moneyThe annual WICC Best Bluefish Match on Earth is less than a month away. The most commonly used monetary aggregates (or forms of money) are conventionally designated M1, M2 and M3. These are successively larger mixture categories: M1 is foreign money (coins and bills) plus demand deposits (such as checking accounts); M2 is M1 plus financial savings accounts and time deposits beneath $100,000; and M3 is M2 plus bigger time deposits and related institutional accounts.

And, it’s not enough to spend the huge amount of money they receive from promoting revenues and from the viewer charges gobbled up from the public – paid to them from the cable and satellite tv for pc corporations – no, that isn’t enough money for the untouchable, powerful CBC execs.

If a minimum of part of the interest payments went to the government it could be spent to provide human and environmental wealth (training, wind vitality, cleaner oceans) reasonably than monetary wealth (money flowing into the pockets of bankers and their shareholders).

This terminology was explicitly chosen by our legislator (as a substitute of the authorized tender idea) to allow non-State forms of money to be condoned in our nation in conditions the place it was generally used and accepted by all of the individuals.

A distributed system can include any number of potential configurations, resembling mainframes, private computers, workstations, minicomputers, and so forth. The purpose of distributed computing is to make such a community work as a single laptop.