Questions on Money

By: Douglas V. Gnazzo | Thu, Jan 10, 2008
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Honest Money

Gold & Silver Report

Abstract

Money is used so often that the knowledge and understanding of it is taken for granted. The need to make money consumes so much of our daily routine that we never have time to question it. Not to mention it can be a very boring subject.

Nevertheless, the concept of money is extremely important. It affects our lives in countless ways. Over the next few weeks a series of questions and answers on money will be offered.

The intended goal is to provide a fun and easy way to increase public awareness about money. This week the questions will start off easy.

As the series progresses, they will become more difficult. Take the quiz and test your knowledge.

Anyone that gets all the answers correct for the entire series will be listed at the end of the series if they so choose.

Personal Privacy is important and will be maintained. Disclosure is strictly up to the individual and will be done only upon the receipt of an email expressing permission for such.

Questions

  1. What is meant by soft money?

  2. What is meant by hard money?

  3. What form of money is used today?

  4. What form of money has the longest historical record of use?

The answers can be accessed on the Honest Money website. They will be posted on a weekly basis, one week following the posting of each set of questions. Next week the answers to the above questions will be made available. Click on the link below to access the site.

All answers can be found on the site's bulletin board under the post titled: Money Quiz Answers - starting next Thursday or Friday.


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Douglas V. Gnazzo

Author: Douglas V. Gnazzo

Douglas V. Gnazzo
Honest Money Gold & Silver Report

Douglas V. Gnazzo is the retired CEO of New England Renovation LLC, a historical restoration contractor that specialized in the restoration of older buildings and vintage historic landmarks. Mr. Gnazzo writes for numerous websites, and his work appears both here and abroad. Just recently, he was honored by being chosen as a Foundation Scholar for the Foundation of Monetary Education (FAME).

Disclaimer: The contents of this article represent the opinions of Douglas V. Gnazzo. Nothing contained herein is intended as investment advice or recommendations for specific investment decisions, and you should not rely on it as such. Douglas V. Gnazzo is not a registered investment advisor. Information and analysis above are derived from sources and using methods believed to be reliable, but Douglas. V. Gnazzo cannot accept responsibility for any trading losses you may incur as a result of your reliance on this analysis and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Individuals should consult with their broker and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions. This article may contain information that is confidential and/or protected by law. The purpose of this article is intended to be used as an educational discussion of the issues involved. Douglas V. Gnazzo is not a lawyer or a legal scholar. Information and analysis derived from the quoted sources are believed to be reliable and are offered in good faith. Only a highly trained and certified and registered legal professional should be regarded as an authority on the issues involved; and all those seeking such an authoritative opinion should do their own due diligence and seek out the advice of a legal professional. Lastly, Douglas V. Gnazzo believes that The United States of America is the greatest country on Earth, but that it can yet become greater. This article is written to help facilitate that greater becoming. God Bless America.

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