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seunogunmola

I am Seun Ogunmola I help People and Organizations to leverage on Technology to achieve their goals Faster, Easier and Cheaper. I also write on diverse subject areas including Finance, Business, Productivity and Governance.

My Findings on Money II : What is NOT Money?

In one sentence, ANYTHING that is not ACCEPTABLE as a MEANS of EXCHANGE by the PARTY You are trans-acting with is not Money.

That was one of the flaws of barter and other primitive systems, say You have Rice and I have Rice, but You need Oil from me and I don’t need Rice, there wont be any transaction

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