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    MUTEBASH's Avatar
    MUTEBASH Posts: 1, Reputation: 1
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    #1

    May 3, 2015, 07:34 AM
    What is money? And why do they lose their value every year?
    What is money? And why do they lose their value every year?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #2

    May 3, 2015, 08:00 AM
    Let me google that for you
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
     
    #3

    May 4, 2015, 06:43 PM
    Inflation
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #4

    May 4, 2015, 09:26 PM
    Not all money loses value, I have some silver dollars from the 1800's that gain in value each year.

    My Chinese money, while not a large gain, gained in value, as compared to the USD, for the past two years.

    And loses value, compared to what?

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