April 12 (King World News) – We have heard the phrase used by CEOs of public companies describing their stock as currency for acquisition. It is an interesting way to look at things.
Merriam-Webster defines currency as: "something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange" as well as: "something that is used as money"
For most of us, “currency” represents cash in our pocket and “money” is an electronic entry at the bank or a brokerage firm. Both are usable as a medium of exchange for goods and services. Both can be lent to others in exchange for consideration, usually interest. Both have been considered stores of value allowing for deferred consumption of some kind and as a store of value (saving up for retirement). Currency and money also can dampen portfolio volatility during turbulent times.
With the exception of the use as a medium of exchange, currency and money no longer guarantee any of the other features above. Interest is now negligible to negative, and the dollar, as an example, has lost virtually all of its real value in the last 100 years. As the depositors in Cyprus found out, cash in the banks can represent serious portfolio volatility, to say the least, when their money was confiscated via the bail-ins…."
at http://kingworldnews.com/what-people-absolutely-must-know-about-the-coming-global-financial-collapse/
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