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 to Be Done? (novel) What Is to Be Done? (novel) What Is To Be Done? (; also translated as What Shall We Do? and literally translated as "What To Do?") is an 1863 novel written by the Russian philosopher, journalist and literary critic Nikolai Chernyshevsky. It was written in response to "Fathers and Sons" (1862) by Ivan Turgenev. The chief character is a woman, Vera Pavlovna, who escapes the control of her family and an arranged marriage to seek economic independence. The novel advocates the creation of small socialist cooperatives based on the Russian peasant commune, but oriented toward industrial production. The author promoted