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  3. What is the value of money?

What is the value of money?

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  • J Jorgen Sigvardsson

    I'm not sure, but I think "-chen" is german word play. If you add -chen as a suffix to a noun, you add a diminutive attribute to the noun. -lein is also such a suffix, although -chen is more common.

    M Offline
    M Offline
    Maxwell Chen
    wrote on last edited by
    #21

    Jörgen Sigvardsson wrote:

    If you add -chen as a suffix to a noun, you add a diminutive attribute to the noun.

    Just like -ette in French / old English ... Thus, peterchen stands for "little Peter" ?! ;)


    Maxwell Chen

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    • B brianwelsch

      I could be way off on this, but from what I understand, *chen can added to names or nicknames in German to make them endearing or sort of cute. My guess is Peter was called peterchen by close friends or family when he was growing up. My sister's name is Christina, our uncle gave her the nickname Stienchen, I was Pilawilchen (after a some duck in a story I think). BW


      If you're not part of the solution, you're part of the precipitate.
      -- Steven Wright

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      Maxwell Chen
      wrote on last edited by
      #22

      Thanks! For your information: As you know that I am Chinese, "Chen" is my family name. The spelling Chen is from the pronunciation. The meaning of this chinese character word, "chen", stands for old.


      Maxwell Chen

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      • M Maxwell Chen

        Jörgen Sigvardsson wrote:

        If you add -chen as a suffix to a noun, you add a diminutive attribute to the noun.

        Just like -ette in French / old English ... Thus, peterchen stands for "little Peter" ?! ;)


        Maxwell Chen

        B Offline
        B Offline
        brianwelsch
        wrote on last edited by
        #23

        :laugh: BW


        If you're not part of the solution, you're part of the precipitate.
        -- Steven Wright

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        • M Maxwell Chen

          Thanks! For your information: As you know that I am Chinese, "Chen" is my family name. The spelling Chen is from the pronunciation. The meaning of this chinese character word, "chen", stands for old.


          Maxwell Chen

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          brianwelsch
          wrote on last edited by
          #24

          Maxwell Chen wrote:

          "chen", stands for old

          :cool: I think my family name Welsch, can be traced back to be used to refer to "foreigners" centuries ago in "Germany". They used the term "Welsche", among others. Not 100% sure that's where the name comes from, but it plausible. BW


          If you're not part of the solution, you're part of the precipitate.
          -- Steven Wright

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          • J Jorgen Sigvardsson

            The real value, not the stuff you can buy for it (which could theoretically be built by yourself, for free). Even if the currency is backed by gold, what is the value of that?

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            ogrig
            wrote on last edited by
            #25

            This is what they told us in highschool: "Money is a merchandise. What makes using money different from other forms of barter is the guarantee of the state on the value of the local currency." (Pretty much word for word, minus memory slips and bad translation :-) ) Which probably means: the money is worth exactly what the government says it is. And the goverment specifies it in terms of gold. Don't ask me where to find this information, but as far as I know this is a general rule, since the guarantee is mainly for international trade, not for you and me. From what I've been told, one of the strange results of this rule is that a state has the obligation to circulate a coin or bill for the 1 unit of its currency. 1 dollar or 1 euro might not sound that bad, but when a loaf of bread is worth 1,300 lei and even the public phones only use 100 lei coins ... I don't know if I understood your question correctly or if my explanation makes things any clearer for you, but I do have to ask this: who feels the need to vote for such a question? OGR

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