HOW MONEY EVOLVED
GOD created light to make our vision bright.
Needs arise,
Some produce Rice,
Some raise spice.
Problem arise,
How about exchanging the pulses for the Rice?
How many pulses for how much Rice?
Exchange was difficult,
Since some commodity remain indivisible,
What say people?
How do we barter for a price?
Astuteness strikes,
Let’s exchange Gold & Silver,
For trade to survive.
Gold & Silver aren’t, Right.
“Difficult to carry”, Hands oblige.
The concept of Banks strikes,
All the wealth in the place that’s right.
Banks issues certificates,
Promising to pay when needs arise.
Why to exchange certificate for Gold,
When we have to restore it back to the floor.
Certificates recognized,
People oblige.
Sovereign identifies,
What more you need when the guarantor is precise.
“Money”- a certificate identified.
Why claim Gold when the certificates suffice.
That’s how money applies?
BY: MD AZHARUDDIN KHAN
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