MONEY DEFINED!

Money is an invention so invented to facilitate trade or trading.

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It must be durable, divisible, transferable/transportable and a store of value.

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Money serves as a proxy for bartering by substituting the face value as a standard for pricing goods and services.

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Money is a medium of exchange that facilitates valuation and calculation, which allows economic transactions to be conducted over long periods of time.

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Additionally, money is a social construct meaning; "we the people" through the treasury department and the federal reserve, agree it has value.

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Lastly, money is intangible. 89% of money in the united states is of a digital nature so developed once we left the gold standard and embraced fiat money, credit cards and a host of payment systems such as paypal, paymate, worldpay, bitcoin etc.

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What then is Money? This site goes on to unravel it keep reading...

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The secret ingredient to attracting money is a counterparty with whom you can procure credit.

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For example any person willing to extend said credit need only have a contract, piece of paper, with your promise to repay and voila you have created money from paper just like the federal reserve.

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However since you must repay this money you have not yet made any excess money so you must play the money game in our culture with your new found money supply. Next on your reading list: Money & Trading. see you there...