To paraphrase Adam Smith, the sole purpose of money is to facilitate the exchange of goods.
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In truth, the sole purpose of money is to facilitate the exchange of goods.
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Currencies at their core serve an essential market purpose for placing money values on profits and investments.
But we want business people to begin to think about what is our higher purpose besides making money.
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The government does not have to prove that the sole or only purpose of the money was to influence the election.
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The purpose of funny money is to solve some kind of problem whose fundamental cause is typically not monetary at all.
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Most businesses, for example, are not conscious of a higher purpose beyond just making money.
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This permits investment in limited partnerships whose purpose is to lend money to companies that do employ workers, reducing investors' risk.
Instead they set up special purpose vehicles that raised money from investors.
The second revolution, as Benjamin Wallace-Wells wrote in New York magazine, was the idea that a company's purpose is to make money for shareholders.
That means buyers were willing to actually lose money on purpose.
The original purpose of anti-money-laundering laws was to reduce the incentive for illegal behavior by making it more difficult for crooks to enjoy their ill-gotten gains.
Since 2001 I thought the purpose of all the money and passenger hassle was to prevent terrorist acts, rather than as an investigative tool for other crimes.
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Monetarism fails on its face for taking from money its sole purpose which is stability in value.
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Why should anyone ever fear that the great and wealthy environs of Washington, DC would put that money to ill purpose?
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Below, one sees how the industrious create money for good purpose.
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"Kent County Council delegates money to governing bodies and we expect them to spend that money for the purpose for which it is intended, which is on education, " he said.
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Although the Global Fund has earmarked money for this purpose, the way it is disbursed means that the process is too slow and too fragmented to give firms that sort of reassurance.
The question of how, for what purpose and by who our money supply is created, issued and controlled is, I suggest, the issue that the new crop of Presidential candidates need to be talking about.
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Per the structure of the payment plan set up in the mortgage settlement, each state government is to receive a direct portion of the money for the purpose of funding future law enforcement efforts, providing additional relief to borrowers, paying civil penalties, funding of foreclosure relief programs and to compensate the state for its losses from the crisis.
Heirs had complained that Princeton wasn't using the money for its intended purpose, a charge the school disputed.
They own United for one sole purpose and that is to make money.
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The chosen are usually the early investors who had put in huge amounts of money for one clear purpose: to get gigantic profits from their investment.
"The problem we may have is that these mergers are there for a purpose of course - to save money for the UK government, " he said.
But in contrast to its Western partners, who essentially paid for their own fear and lack of vision, Germany lent money for a concrete purpose: German unification.
Just as it was okay to repeal the Glass-Steagall Act, and the uptick rule, it will make sense to use the bank rescue fund money for some other purpose.
If the British machine is sceptical about Euro-dreams of bestriding a multipolar world, that is because it has a jump-seat view of American might and of the money and unity of purpose required to make it work.
Because it involves something that the Bank of England and orthodox central banks almost never do - which is to lend money with the express purpose of getting it out into the real economy, rather than just providing the marginal credit that commercial banks need to operate efficiently.
Equally, your citation of recent Japanese research in the use of prosthetic fingers does little service to the more recent technical developments in biometrics (there are products resistant to these attacks in varying degrees) or to the obvious fact that there is a competitive market out there, where buyers are seeking value for money and fitness for purpose.
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