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alstry (< 20)

What Is Money?



March 14, 2011 – Comments (1)

  It is strange how much time time and energy humanity spends trying to acquire money and so few really understand the what the underlying nature and purpose of what money actually is:

Money is a commodity that is used as a means of exchange for the PRODUCTION OF OR THAT WHICH IS UNDER THE CONTROL OF HUMAN BEINGS. 

Money can be rocks, shiny metal, paper, or digital really doesn't matter what form it takes.  But it is only good as a means of exchange for HUMAN production (money on a deserted island with no other people is only good for kindling)....horses really don't give a damn about gold and computers really don't care about cash. 

Where things get really interesting is where more and more production shifts to machines and less and less by humans which is NOW happening on a net basis around the world...especially in the INDUSTRIAL economies.

As a heterosexual male, and one who still likes certain production done by humans, and been fortunately married to the same women for approaching 20 years, thank goodness it can still assist in facilitating the favors of the opposite sex on occasion....the rest has to be done by a human;)

In order for money to function, there must be law and order to enforce its fewer and fewer respect government authority, and government's laws, the role of money breaks down as more start simply taking production by force or protest.

When we are all milking government's printed money not based on anyone's production...we are all entitled to the money....and we will all learn it is a

1 Comments – Post Your Own

#1) On March 14, 2011 at 2:51 PM, mtf00l (46.67) wrote:

Perhaps you can create your own fiat currency called "teets"...

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