Money has inspired many songs and innumerable statements. Money makes the world go round. Money talks. Its all about the money. Money does play a very integral role in our day-to-day lives. Think about our three basic necessities of food, clothing, and shelter, and you know that there is a fourth basic necessity which precedes these three. And that, my friend, is money. We may abuse it. We may associate it with criminal activities. We may call it the curse of modern life. But, whatever we may say, the fact remains that we cannot live without money.
Money has undergone many changes. It displaced the barter system in the ancient times. Then currency took over to provide for the many transactions that had to take place. We have changed a great deal from the days of metal currency in gold, silver, bronze, and copper. The coins of today are not pure metal; they are made of cheap alloys. The currency these days consists of paper that costs a lot less than its face value. Slowly, this paper currency is being subordinated to the power of plastic. Credit cards have staked their hold on the world economy. They are rapidly gaining in popularity and are quickly becoming the new face...