What Is Full-bodied Money?


4 Answers

Anonymous Profile
Anonymous answered
Full-bodied money is money whose value as a commodity for non-monetary purposes (i.e, the value of metal coined it) is as great as its value as money. The main full-bodied monies in modern economies have been the coins of standard metals like Gold and Silver.    Representative Full-bodied money is usually made of Paper. It is equivalent to a circulating warehouse receipt for full-bodied coins or their equivalent in bullion. The paper money itself has no value as a commodity, but it represents in circulation an amount of money with a commodity value equal to the value of money.
Matilda Kunher Profile
Matilda Kunher answered

The commodity value is equal to the value of the money supply. This is the main function of money. I think that now we live in the age of modern technology and when everything is possible through the Internet. I now make most of their money on the Internet on this topic Yes, you got it right. I play at an online casino. I am surprised that this is a very profitable field. How do you feel about gambling?

Karl Sagan Profile
Karl Sagan answered

Thanks, I didn't know about this before. But in any case, money is very important for each of us. Previously, I didn't even think that I would make money with the help of a crypto casino. At first, I couldn't find a job on the Internet as a translator, especially since no one wanted to hire me without work experience, and my friend recommended cryptocasino so that I could read reviews about the best crypto casinos. Now I earn many times a month, and I am very glad that I found that the reviews helped me decide on the choice of the site.

Answer Question