Money - Fundamental

Money as of our understanding is the medium for exchange of something in value. As in history money is in the form of something that can be trade of. Early civilization, they use barter trade as a form for exchange goods.

In Islam, we use dinar and dirham which has the standard gold and silver for trading. This is the best standard money for trading because it is not influence by any speculation or anything.

The paper money we have now used to be backed by gold. But now our money all over the world is influence by its currency. The faster the money move the more value is the money.

When money is printed with no control, the money will have no value or the value will shrink. That is how money works. In economy its about supply and demand. When more money is printed, we are flood with money that we don't own. Hence, the overall value of money will decline.

That is why in this modern civilization, saving is not the best way to increase your money. You have to leverage and multiply your money to grow what you have now. We are now living in a capitalize and very volatile world. This is how people with money control the economy. Those who only work and doesn't feel to improve in their financial strategy or financial knowledge will be left behind.