Money & Power

Money & Power
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Whenever we talk about money we tend to look at it through the eyes of the society in which we live. In our society, this means from the perspective of economic systems. Today we no longer see money as a substance to be hoarded, a treasure trove-once the only form of wealth. Money is a more complex idea. Money itself almost disappears into the related ideas either of legal tender or of economic wealth and power. Even if the term money is still used in everyday speech, it is rarely used by economists. And even in common parlance, to have money is more likely to mean "to have spending power" (that is, to cam and use income) than "to have a stash of precious metal"-once the only meaning of the phrase.

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