Page 9 - Magazine 07 Of June 2024_Neat

Baptistery - 2024 │ Message from School Bursar

Man &

M O NE Y

P. CELESTIN AYABAGABO
SCHOOL BURSAR

riginally, Money associated with commodity
was defined as money.
anything that
Operforms the In this modern day world,
functions of medium of besides these functions
exchange, unit of account, of money mentioned abo-
store of value and standard ve, money has become
of deferred payment (J.M a powerful player in the
Keynes in “General theory society and hold more 10,000Rwf without trembling.
of employment, interest importance than anything Man has lost generosity, he
and money). else. makes money but money
makes him its slave.
Money was neither made The society goes on
in laboratory nor did one measuring the man in terms However few theories have
person sit down and bring of money as man loses value been advanced to advice
it into existence. It just and the society goes behind people on how they should
evolved through many money. This is known as behave with money. Among
steps depending on the “money madness” in the others I can mention: “A wise
needs of the society and society. man should have money in
the shot comings of the his head, but not in his heart.
preceding stage. These The man who doesn’t have (Jonathan Swift)”; “Money is
stages involve: barter trade money never gets respect only a tool, it will not replace
(the predecessor to money), in the society then he well you as the driver. (Any
commodity money, durable deserves all the guilt, Rand)”; …
commodity money, metallic criticism and blame that
money, fiduciary money comes with poverty. And Money never made a man
and electronic money. those who have money are happy, financial peace isn’t the
respected and obeyed by all. acquisition of stuff. The more
The money was evolved So the man too goes behind a man has, the more he wants.
to solve the problems of money to get the social Let us use money to live in
double coincidence of status. harmony rather than fighting
needs associated with because of money. This would
barter trade, the problem Some people confirm that be a better solution for a better
of perishability, bulky to no man gives 1000Rwf tomorrow.
transport and indivisibility without pain and none gives
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MAGAZINE OF COLLEGE ST JEAN NYARUSANGE │ VOLUME 07 │ 2023-2024