Hard money (metallic currency; hard money; early profitable investment)

Coins in their function as legal tender. – Means of payment tied to precious metal. – In financial jargon, also an investment that must yield a return in the foreseeable future; said in particular of venture capital. – See aftermoney, acceptance constraint, cash, money supply, gold value, Gresham’s law, solvency, coin commis, coin, coin care, rough weight, remedium, spores Raffel, currency, means of payment.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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