Abstract
In modern time the world really have forgotten what the money is. Why the humanity invented it, what was (and should be) its function in the society? Maybe it is better to compare this tool to other inventions done during centuries, used and developed? Why the society was developing the used units to make them as exact as possible? Here is a trial to show that the society step by step developed the tools of social cooperation. Mainstream goal always was to find better possibility to make honest contracts, to do easy exchanges, to trade easily. To look at in history it is possible to see how it was changing all the measurement units during time: many different measure unit of weight mainly came into one precise kg, many different measurement units of length mainly came into one precise Meter, many different measurement units of time came to second, so, nowadays kg, meter, second and some more different units are most precise ones and used by humanity as they are very usable in the contracts. The money too, in the 19<sup>th</sup> century came to gold (and silver) and became most trustable tool of measurement of value. And something happened in 20<sup>th</sup> century, something what the money did not deserve. Modern world has stepped back in case of money.
Highlights
Give me a place to stand and I will move the world [23], has said Archimedes.In modern days it becomes harder and harder to find the reason why the economy goes wrong in some cases
In the article “The impact of various currency regimes on economic development facets: case of Georgia” is written: “After each crisis supporters of the Federal Reserve System argued that the crisis would be even heavier if no active intervention and preliminary measures were taken
Despite the fact that the arguments of supporters of the golden standard seem to be more serious about the background of the existing problems, there is no sign that the issue of this dispute will soon reach a consensus
Summary
Give me a place to stand and I will move the world [23], has said Archimedes. In modern days it becomes harder and harder to find the reason why the economy goes wrong in some cases. Some authors have more radical views on this subject, indicating that this kind of monetary system is fraud against savers and last receivers: “Accepting money until it is gradually expanded into the entire system of economy, changing the prices and eventually increases the general level of prices, the rate of fraudulently reduced interest rate in receiving credit. They are reaching in the expense of savers or last receivers or at the expense of those who cannot get the money at all” [18]”. The money’s reliability is very big problem for the most of people and it is so easy to see if one would like to see
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