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Paper is lighter than metal, it also saves use of silver and other metals when they are scarce. Perhaps you may ask "Then why not have paper money only?" The answer is, it would be impossible to print just the right amount of paper money that would keep prices at their proper natural level.

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Elvis Franecki

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4y ago

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If metal is so cumbersome why should we not have only paper money why should we not print as much of it as possible?

Paper is lighter than metal, it also saves use of silver and other metals when they are scarce. Perhaps you may ask "Then why not have paper money only?" The answer is, it would be impossible to print just the right amount of paper money that would keep prices at their proper natural level. Hope it helps!!!


How can one send easily money abroad?

There are several options, ranging from smartest to not smart, to send money overseas. The most obvious but also most cumbersome is to ask traveling friends to deliver it, however the best option is to use a common bank. Another options is money transfers. However, while it is possible, sending money via mail is undoubtedly the worst idea.


Why did people start making paper money?

People began making paper money to address the limitations of metal coins, such as their weight and bulkiness, making transactions cumbersome. Paper money was more portable and easier to produce, allowing for greater convenience in trade and commerce. Additionally, it facilitated larger transactions and helped standardize currency, enhancing economic efficiency and stability in growing economies.


Is it possible to sarate oneself from capitalistic markets and devote oneself solely to other activities such as art and science Should it be possible How should these activities be supported?

What is making money for oneself?


What should a real estate investor look for in a hard money lender?

You will want to look for the lowest possible rate and the longest possible term.


What should all college students know about personal finance?

A parent should teach their child that loans and credit are not free money. They will have to pay that money back and should do it as soon as possible because they will be paying interest on it. They also should know that it's important to save money for emergencies.


What does thrifty mean for Boy Scouts?

In a nutshell, a Scout should be conservation minded and use money wisely, both for himself and others. A Scout should, to the extent possible, pay his own way. It is possible. Thrifty means you spend your money wisely and know needs from wants.


Is it possible that you and your boyfriend can open a joint account?

Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.


What must money have high for weight?

Money must have high durability, as it needs to withstand frequent handling and circulation without degrading. Additionally, it should possess a high value-to-weight ratio, allowing it to be easily transported and stored without being cumbersome. This ensures that it remains practical for everyday transactions while maintaining its worth.


What is inorganic money?

The printing of money in the absence of the precious metal reserves which the money represents.


What types of metal are in money?

your mam


Will a 426 hemi fit into a 1994 jeep wrangler?

Anything is possible if you throw enough money at it.Anything is possible if you throw enough money at it.