Money and its importance in people's lives

Money is a social tool invented by Man in his civilizational journey to facilitate life.

For this reason, the study of money has become more important and interesting because of its connection to economic activity and its far-reaching impact on the movement of economic, social, political and behavioral factors, and every issue of life has its financial authority, Its treatment requires financial measures, and therefore the management of financial authority has been the focus of every intellectual discussion of social policy and its various tributaries. Money is a physical asset and therefore cannot be separated from other assets in order to obtain a comprehensive picture of the behavior of the financial system and to ensure high flexibility in the movement of financial assets to generate profits. Some of these assets are policy instruments used by monetary authorities to regulate the money supply and control economic variables that affect society's lives and decisions. Hence, if money has benefits, it also has social costs that affect economic stability and social justice and are linked to many variables that affect society and the national economy, and its level of performance. The study of money is inextricably linked to the role of the banking system in economic activity. Banks are the most important financial brokerage institutions, which provides an important channels connecting savers and investors, and they play a crucial role in determining the money supply.