Abstract
It is impossible to comprehend what policies the government should undertake to face the economic reality of the country. Every day the public is exposed to a barrage of recommendations and mandates from the left and the right concerning what would be the appropriate course of action or lack thereof in order to nullify economic ills or to bring prosperity to the country. A fundamentally basic requirement to being able to comprehend these claims is the knowledge of money.
It is important to understand the meaning of money and be able to differentiate between basic concepts such as consumption, savings, capital, and investment. Would it make any difference, to the overall function of the economy, earnings, employment, etc. if a given sum ...
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