Free picture of international Money for payment of goods and services and repayment of debts in a given country or socio-economic context. The main function of money is a medium of exchange on the Forex markets and as a unit of account and a deposit of value. This pile of money is real and touchable. It was donated to charity at the international airport of Istanbul.
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Money originated as commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money is without intrinsic value as a physical commodity, and derives its value by being declared by a government to be legal tender.
The physical money supply of a country consists of free banknotes and coins. These demand deposits usually account for a much larger part of the free money supply.
Rich bank money is intangible and exists only in the form of various bank records, but still serves as a free money for wealthy people.
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