0
Hard money refers to types of currency that have intrinsic value, specifically, that backed by gold and silver. This is contrasted to the federal reserve notes currently in circulation that have nothing of value to back them. The latter allows the government to merely print more notes, thereby creating inflation, in order to give the illusion of prosperity. In a hard money system, this would not be permitted as there would have to be gold or silver sufficient to back the issuance of additional paper money.
Add your answer:
Earn +20 pts
Hard money that refers to money that is?
not subject to feca regulations
What is the meaning of a honest penny in idioms?
It refers to a sum of money earned through hard labor of an honest nature.
Is hard money or soft money subject reporting requirements?
Hard money is subject to reporting requirements because it includes direct contributions to candidates or political parties which must be disclosed. Soft money, on the other hand, refers to funds donated to political parties for activities not directly supporting a specific candidate and is subject to less stringent reporting requirements.
How do money and hard money different?
hard money is a term use for private lending
How do you use hard money in a sentence?
The investor gave hard money to the farmers. Hard money is a type of loan given by private contractors.
What term refers to a supply of money?
Money is known as M2.
When was She Works Hard for the Money created?
She Works Hard for the Money was created on 1983-06-13.
Where can I find a hard money lender in florida?
You can find hard money lenders nationwide at www.dohardmoney.com.
What is a blip when it refers to money slang?
A Dime
What is Difference between hard money and soft money?
hard money is given directly to political campaigns, while soft money is given to political parties for "voter education."
Why is it hard to migrate?
its hard for people to migrate because of money
When was She Works Hard for the Money - song - created?
She Works Hard for the Money - song - was created on 1983-05-27.
