Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is (as) good as gold - definition
![grzywnas]] (commodity money) from Kostkowice, Poland, 9th to mid-10th century AD](https://commons.wikimedia.org/wiki/Special:FilePath/Axes-like grzywnas (commodity money) from Kostkowice, Poland, 9-mid X Century AD.jpg?width=200 "grzywnas]] (commodity money) from Kostkowice, Poland, 9th to mid-10th century AD")
![1854}}, representing one [[made beaver]] along with fractional values.](https://commons.wikimedia.org/wiki/Special:FilePath/Hudson's Bay Company brass token set.jpg?width=200 "1854}}, representing one [[made beaver]] along with fractional values.")
![manilla]], the traditional commodity money in [[West Africa]] until the 1940s.](https://commons.wikimedia.org/wiki/Special:FilePath/Manillaokhapo.JPG?width=200 "manilla]], the traditional commodity money in [[West Africa]] until the 1940s.")
Wikipedia
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods. This is in contrast to representative money, which has no intrinsic value but represents something of value such as gold or silver, in which it can be exchanged, and fiat money, which derives its value from having been established as money by government regulation.
Examples of commodities that have been used as media of exchange include gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries and barley. Several types of commodity money were sometimes used together, with fixed relative values, in various commodity valuation or price system economies.
