I think we can all agree that money is valuable.
But why? It comes down to one single factor - trust.
For example, the United States. We trust that they won’t be invaded by another country, which could declare the US Dollar void. That’s why it has power in the money market.
The same could be said for the European Union. We trust that it won’t be invaded, voiding the Euro. It comes in second in the money market value.
What do you think - why is money valuable?
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