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February 25, 2018, 12:04:54 PM |
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'Money' and 'Coin' should not be exclusively used. The currency is the meaning of a particular state. In the United States, it is circulation federal dollar notes. Money is used every day for our daily payment, and it includes the currency and, balance of our bank account, provides us with the source of check, wire transfer, debit card and credit card payment. Then, there is another form of 'currency' available in the books of banks, and it is equivalent to the federal note, but 'non-statutory'. Balance of this account which can hold a bank in its District Federal Reserve Bank, named 'Bank Reserve'.
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