Friday, August 30, 2013

The Value of Money

There was a time when the value of money was tied up with the supply and demand of gold. Then, it was taken off of the gold standard and put on the silver standard. Then, money was valued based purely upon supply and demand, so that anyone complaining about the decreased value of money due to being taken off of the gold standard is wrong. The new value of money based upon supply and demand really determines the value of money, as long as you are not relating that value to your own needs. You see, the value of money is, in reality, determined by the need of it by the individual or company using it or bringing it in. This is a rather poignant fact that all companies like to avoid talking about because they prefer deferred credit and to know that their cash flow will not dry up any time soon. As long as those two things are taken care of, they really do not need to worry about things like the value of money.

Well, life is simple but not quite this idiotic. Good business economics and good business owners see that you need to absolutely make sure that you are aware of all of the things going on in your business, even if you don’t want to see them. Even if they are hard to accept, the only way that your business can improve is if you understand the logic and pain of problems which arise. Only then can you do something about them, making your company stronger in the long run. This is why Mediscreen provides onsite drug & alcohol testing for companies all over Australia. Our specialists show up to your place of work and they test all of your employees, while you save both money and time. Speaking of the value of money, you are increasing the value of money in your own place of work by spending less money on more efficient drug screening for your workers. It’s fast, easy, and simple to understand. The value of money was meant to be determined by market value.

This article has been taken from : http://www.mediscreen.net.au/articles/the-value-of-money/

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