Currency money or book money, which are fiat money. Currency money Currency money is money in full circulation that takes its value from the precious metal it contains, that is, its market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for in coins and banknotes from a country undergoing debasement. Currency money is usually made of silver or gold, but in very rare cases plated metal and even copper may be used. Currency money is commodity money, as opposed to coins whose metal value is less than
What Is it Like to Be a Bat? perceptional experiences. While it is possible to imagine what it would be like to fly, navigate by sonar, hang upside down and eat insects like a bat, that is not the same as a bat's perspective. Nagel claims that even if humans were able to metamorphose gradually into bats, their brains would not have been wired as a bat's from birth; therefore, they would only be able to experience the life and behaviors of a bat, rather than the mindset. Such is the difference between subjective and objective points of view. According to Nagel, "our own mental activity is the