Commodity.com: Oil, Gold & All Commodities Explained

Since 9000 BC we’ve been exchanging things of value for items we need or want.
This system of bartering has evolved over time; from the Chinese with their bronze trinkets and the Indians with their cowrie shells to Italian gold florins and Swedish paper money....

Hyperinflation occurs when a country experiences very high rates of inflation, which erodes the real value of the local currency, and causes the population to minimize their holdings of local money.
It is argued that hyperinflation often occurs as a result of some kind of stress on a Government’s budget. This is because the root cause is a large Government deficit which is financed by money creation rather than other options like increased borrowing...

Economic downturns are hard on everyone. But for billionaires, they can be catastrophic.
When people have that kind of money, it isn’t stored as cash in a safe somewhere. It is in the form of things like real estate and business holdings. And exactly how much money any given person is worth depends upon what other people think those holdings...

Since 9000 BC we’ve been exchanging things of value for items we need or want.
This system of bartering has evolved over time; from the Chinese with their bronze trinkets and the Indians with their cowrie shells to Italian gold florins and Swedish paper money....