Money is imaginary to begin with. It consists of something (credit, paper, gold, a number in a computer, etc.) chosen by a society to represent measured units of value for people to exchange goods & services. It is not only a straight replacement for goods & services, but money itself is a commodity. The particulars of how money works makes for good reading.
Money is in one sense, the confidence we have in this society of ours; in our ability to work together, exist together, live together for the betterment of us as individuals and as a group.
Money is trust. Money is a membership in society. Money is a varying measurement on how we feel we are doing as a group. How this plan of working together is going. Money is a report card and an assertion that we all believe in ourselves as a society.
(Posted at The National Gadfly.)
Read More