Basic yet excellent introduction to money.

[Gavilan]

Minor quibble over titles.

Titles are bundles of rights. Titles can be transferred in a commercial transaction, but titles in and of themselves are not "promises to pay".

You are correct, I should have been more specific and said "Certificates of Title", and not the title itself.

[shikamaru]

You are correct, I should have been more specific and said "Certificates of Title", and not the title itself.

Indeed.

Certificates of title are a different beast from titles .