I'm reading Ricardo from 1817 about how money, gold at that time, but paper as well, is variable in value depending on trade and other considerations, on a nation by nation basis.
Gold, silver, crypto, fiat, everything, has no real bottom. It's turtles all the way down.
Money, regardless of the type (seashells, gold, silver, paper) is essential in all advanced societies as it allows for trade other than direct barter. Maybe I don't want your chickens in exchange for my shoes.
Taxation is also inevitable, whether it's Pharaoh taking 20% of your crops or you having to work on the labor gang building a pyramid or your property taxes and sales taxes. Hell, in cave man days you gave gifts to the chief to stay on his good side, which is nothing but taxes as well.
If only there was a digital for of money without a person as an intermediary… oh wait that’s exactly what the true cryptos are trying to accomplish, like Monero
Nobody defines the value of money, that's what I'm saying. Even without idiot central bankers, money increases or decreases in value due to new gold/silver mines, and on the geographic area based on trade and the local economy.
The zeros may be the same on your $100 bill, but it buys less goods in desirable locations and more in undesirable locations. You want to know the surest sign that a place is wealthy? It's takes wealth to live there, and that's not a tautology.
I'm reading Ricardo from 1817 about how money, gold at that time, but paper as well, is variable in value depending on trade and other considerations, on a nation by nation basis.
Gold, silver, crypto, fiat, everything, has no real bottom. It's turtles all the way down.
Money, regardless of the type (seashells, gold, silver, paper) is essential in all advanced societies as it allows for trade other than direct barter. Maybe I don't want your chickens in exchange for my shoes.
Taxation is also inevitable, whether it's Pharaoh taking 20% of your crops or you having to work on the labor gang building a pyramid or your property taxes and sales taxes. Hell, in cave man days you gave gifts to the chief to stay on his good side, which is nothing but taxes as well.
If only there was a digital for of money without a person as an intermediary… oh wait that’s exactly what the true cryptos are trying to accomplish, like Monero
And no power and no internet you’re having bigger problems if you weren’t smart enough to diversify your funds.
Lol you’re the one throwing a tantrum about the money exchange without any real solution. You grow up
Nobody defines the value of money, that's what I'm saying. Even without idiot central bankers, money increases or decreases in value due to new gold/silver mines, and on the geographic area based on trade and the local economy.
The zeros may be the same on your $100 bill, but it buys less goods in desirable locations and more in undesirable locations. You want to know the surest sign that a place is wealthy? It's takes wealth to live there, and that's not a tautology.
Only within value (perceivable) can there be evaluation (perception)...suggested values tempt one to ignore that.
Suggested information represents the mytho (spoken aka suggested) logy (logic aka reason) within perceivable inspiration.
Aka ones consent to suggested values by another.
a) If perception (evaluation) ignores perceivable (value) for suggested worth, then that shapes a conflict of reason (real vs fake).
b) Value imports loss (inception towards death); evaluation exports growth (life).
We need to separate the money changers from the money.
This is a history of money and why digital money is inevitable
https://youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc
This is Monero, a digital currency that scares the parasites that be
https://youtu.be/wq6w03E2DS4