1.     1. How are money and currency defined?

the money does not change however the currency if it changes

 

2.      2. What are the differences between currency and money?

The difference is that money is immutable, that is, it does not change, however the currency does change depending on where you are.

3.the most important characteristic of money is its ability not to change while its most important characteristic of currency is to adapt to the places where it is used

4. fiat money is that which is declared by the State

5. the characteristics of fiat money are that they are declared by an authority in a specific space

6. a store of value is one that has a stable value in the market over the years

7. in the past the most used currency was gold and silver

8. the best way to earn money is to give value to what does not change such as gold or buildings

9. a resolution system are administrative decisions that support the expense of a society

10. when governments expand their supply of foreign exchange inflation is generated

11. The barter of previous years is the exchange of a security for another security or service of equal or similar values.

12. QE is the justification to generate foreign exchange as well as exchange currencies worldwide

 

discussion: money and currency move the economy globally, however the lack of knowledge of the difference between the two generates major economic problems between societies, countries and individuals