Is money even real? Isn’t money just a piece of paper or 1 or 0 on a computer screen but we just say it’s worth something ? I think money is such a fleeting thing. It comes and goes but we need it for our very survival.
no. it only has value because we think it does
Money has always had stupid forms throughout human history, cattle, grains of salt, grains of rice, corn seeds, round pieces of metal/silver/bronze/copper, paper, ones and zeros... you name it.
Even if all those things may look worthless individually, we gave them their value by exchanging them for necessary goods in a certain quantity. Blame our ancestors for coming up with the idea.
Even if all those things may look worthless individually, we gave them their value by exchanging them for necessary goods in a certain quantity. Blame our ancestors for coming up with the idea.
Crazy to think that’s what dictates a lifestyle, who you get to sleep with, and your worth in life. A piece of paper.
B
There are two kinds of value, intrinsic and extrinsic. Intrinsic value is inherent to the thing itself and is a constant, while extrinsic value is assigned or derived and can change.
There is nothing inherently all that valuable about paper (whether it's printed from a treasury or not), aside from using it as a sheet to write on or to start a fire. Even less so with a digital number in a computer database.
There is nothing inherently all that valuable about paper (whether it's printed from a treasury or not), aside from using it as a sheet to write on or to start a fire. Even less so with a digital number in a computer database.
Very close. It has value because someone (govt) said it does and we all collectively agreed to it.
only for giga luckers
Fiat money only has value because it is backed by the government. The currencies of weak governments are not worth a lot if they are free floating
Not according to my bank account
it's delusion
M
Money is real if people trust it is real. Printing more money than the current supply of goods means more money chasing fewer goods. That's where you get goods increasing in price for the same quanitity of goods. This is also known as inflation. So as government goes onto printing more and more money without increasing the supply of goods, the worth of money is devaluing because you get more supply of money. Money is just another medium of barter.
Money is a scam and the way money works is to give it all to the richest people and everyone else can't even live a good life anymore and foids can easily make money because they're foids. Men fail more and more because of the system. Moneymaxx is almost impossible because it's a scam and the system is total trash
Become preciousmetalpilled
then you shouldnt mind to transfer all the money on your bank account to mine
No, it's worthless fucking paper
Based
sure
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