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Monday, November 9, 2009

Variants Of Money

Water is colourless, shapeless, and without smell.
This defines pure water.
But money,acquires changeable forms assumes colour reflects degree of sensitiveness,
Money is a form of payment.
It replaces commodity.
There are various types of money,
1.Commodity money
2.Fiat money.
3.Representative money.
4. Credit money.

There are various colurs attributed to money.
1. Black money.
2.. White Money.


There are various sensitivities attached to money.
1. Hot money.
2. Cold money


Black Money refers to unaccounted money, not liable to tax.
White money encloses money that which is accounted , liable to tax.


Hot money is moved by its owner ,quickly from one form of investment to another, as to take advantage of changing international exchange.It enriches the recepient country, and strips the donor.
Cold money is otherwise called ready money.Money is immediately available, paid at the time of purchase.


Thus money is dressed up in various attires.The story of money is fascinating/

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