Hi friends,
I hope all are fine. Dimensions of Money From the Stone Age to the present modern era, money has taken many forms. But the fact is that its needs and demands have not changed.Initially, farmers exchange their farming goods, such as rice or wheat, for clothes. As well as the cloth weavers, they exchange their cloths for farming goods or other items.
That is the problem of goods and time with a shoemaker. How many shoes can he buy and keep? It was at such a time. Something called currency was introduced.
Currency is common. First, it was made of metal. Later it was made of paper and came into circulation.
Now it has transformed into cryptocurrency. I don't know if there is any change in the demands except for the change in the form. If you know, please comment.
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Let us now see whether the value of money is decreasing or the price of goods is increasing. The difference is the thread that weaves the two. Here are some ways to understand this. The purchasing power of people is increasing. I think the value of money is decreasing. The reason is that the one paisa and two-paisa coins that we used back then are not in circulation now. If the currency had any value, I think it would have been in circulation.
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