The Power of Money
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Questions and Answers

What is money?

  • A commodity to be bought and sold
  • A symbol representing the value of goods and services
  • An artifact of civilization invented to facilitate economic transactions (correct)
  • A tool for controlling societies
  • What can money be used for, according to the text?

  • To concentrate power and property in the hands of a few or the state
  • To provide equality of access to the means for every citizen to become an owner of income-producing capital
  • To suppress the freedom and human potential of the many
  • To achieve universal economic empowerment and prosperity (correct)
  • What does the proper creation of money allow us to achieve, according to the text?

  • Slavery of past savings
  • Suppression of property rights
  • Sustainable, non-inflationary, and environmentally sound growth (correct)
  • Universal economic empowerment and prosperity
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