MONEY CRITERIA

As is known that something that can be said as money must meet several requirements. The goal is that something that is considered money can be accepted by all levels of society and can be used as a medium of exchange by the owner. This means that something that is considered as money must have several criteria, so that it can be recognized as money.

The criteria for something to be said as money must meet the following requirements:
1. There is a guarantee
Every money issued is guaranteed by a particular country's government. With the guarantee from certain governments, the trust to use money for various purposes gets the trust of the wider community. Particularly coins are guaranteed by the value contained in the money because of this
 all that needs government guarantee is paper currency. This type of money is used only by trust (fiat money).

2. Generally liked
This means that money must be generally accepted whether its use as a means of exchanging wealth hoarders or debt repayment standards therefore the function of money here is not only as a medium of exchange, but also as a means to hoard wealth or as a standard for debt repayment.

3. Stable value
The value of money must have stability and stability as well as the smallest possible fluctuation. If the value of money often experiences instability, it will be difficult to believe by those who use it.

4. Easy to store
Money must be easily deposited in various places, including in various small places in large amounts. This means that money must have flexibility, such as physical form that is not too large, easily obtained and there is a small nominal to the maximum nominal.

5. Easy to carry
Money must be easy to carry anywhere in other words it is easy to be moved from one place to another or from one hand to another with a small and nominal physical. Money should be easy to carry for daily needs. Therefore, in this case, physical money should not be too big and should be as light as possible

6. Not easy to damage
Money should not be easily damaged in a variety of physical conditions given the frequency of money transfer from one hand to the other is so large. In this case what needs to be considered is the physical quality of money is really maintained and guaranteed quality, so that money can be used for a relatively long time.

7. Easy to share
Money is easily divided into certain units with a variety of nominal available for smoothness in conducting transactions, ranging from small nominal to large nominal though. Then money must not only be easily divided but must also be easy in rounding up with certain multiples, especially in rounded values, therefore in order for money to be easily divided it must be made in various nominal terms.

8. Supply must be elastic
In order for trade and business to flow smoothly the amount of money circulating in the community must be sufficient. Availability of sufficient amounts of money according to the business conditions or economic conditions of a region. If in the world of business there is a lack of money, the result is less good and vice versa if the amount of money exceeds the amount needed, therefore the amount of money must be adjusted to the existing conditions. This means that if there are deficiencies or strengths can be quickly overcome, so as not to interfere with community activities in various matters relating to money