Original:
Money seems to have a big role in our society; you can’t do much or get far if you don’t have any. Money is valuable in different ways, even when you don’t see it physically. In today’s society you must have faith in the government and in the banking system that your money is being handled in the proper manner; if not, then you would have to hide all of your money under your mattress or around your house. I have no clue what happens in the banks, or how they take care of your money. I always thought money was simple; you either have some or you don’t—that’s it. However, being introduced to this assignment, the Yap Fei, US gold, French francs, Brazilian cruzeros, and debit accounts now seem similar. You don’t actually see your money being transferred. When you get paid, you aren’t handed cash, you don’t receive a physical check, the money’s all directly transferred to your bank account, and you just have to trust that you got more money.
Revised:
Money seems to play a big role in our society; without money it is hard to accomplish anything. Money is valuable in different ways, even when it is not physically possessed. In today’s society faith in the government and in the banking system that money is being handled in the proper manner is essential. Without faith we would have to resort back to keep our money under mattresses or around the house. We have no clue what happens in the banks, or how they take care of our money. I always thought money was simple; you either have some or you don’t—that’s it. However, being introduced to this assignment, the Yap Fei, US gold, French francs, Brazilian cruzeros, and debit accounts now seem similar. Money is not actually physically transferred from each account. When getting paid, we aren’t handed cash, nor do we receive a physical check, the money’s all directly transferred to a bank account, and we just have to trust that there is now more money in the account.