Does money have a limited life span?

[Knajjd]

Money is used to buy products and assets. Other than land and gold all assets seem to evaporate and end up in a landfill.

Or does money persist and is just reused all the time? If a car ends up in a landfill that money will be taken out of circulation at some point otherwise inflation will start to raise and inflation further erodes the value of money.

Perhaps it's only land or property that has value.

 

[Maikowski]

im guessing they burn the old bills?

 

[edgelordcel]

yes, gold is king. my name is andrew tate 7 and i say invest in real gold like a man and dont buy crypto gold ans silver yaaaaa eeeee
my name is chongi zhi im finance guru i buy goldddddddd

 

[Knajjd]

im guessing they burn the old bills?

I mean what happens to the value of money? You spend it and someone else has the money. They buy something with it and so on. Eventually the money just evaporates.

 

[Knajjd]

yes, gold is king. my name is andrew tate 7 and i say invest in real gold like a man and dont buy crypto gold ans silver yaaaaa eeeee
my name is chongi zhi im finance guru i buy goldddddddd

Any product bought by money eventually ends up as waste except for land and gold.

Say you spend money on food. That ends up as waste quickly. It's not reused. Same for a car and furniture, paint, and everything in a house including books, computers, clothes.

 

[Caesercel]

Money is nothing more than a social relationship between entities. Sure gold or land are lasting but you cannot ride gold on your way to work. And you cannot play video games with land. Money doesn't evaporate , it stays in the economy while the things that people buy with it do end up losing value.

 

[Knajjd]

Money is nothing more than a social relationship between entities. Sure gold or land are lasting but you cannot ride gold on your way to work. And you cannot play video games with land. Money doesn't evaporate , it stays in the economy while the things that people buy with it do end up losing value.

Given a country with a closed system in which no further services or products are produced. As these products decay the central bank would have to take money out of circulation to match the value of goods and services and eventually money will be worthless and only land will remain. Land has value as it's used for shelter and agriculture. People like gold because it doesn't rust and looks nice so that probably will retain value too.

 

[Caesercel]

Given a country with a closed system in which no further services or products are produced.

>Given a country which is in a state of total economic and social collapse money will eventually lose all value.

Yes. It only retains value as long as people engage in economic activity. Which means services and products keep on getting produced