View Full Version : If you think about it, what is money really?


Magic Man
03-11-2003, 11:42 PM
Money is a form of off-setting the immediacy of the good/service exchange process isnt it?

In the days before money, the exchange process was immediate, you exchanged an item or a group of items for another item or group of items, which both exchange parties deem as equal in value.

When money came along, it allowed this immediate exchange between two parties to be delayed, and also increased the exchange parties to whoever recognised money as an exchange medium.

So really, money is simply a place holder on a future exchage.

- m

The Jake
03-11-2003, 11:44 PM
I always thought Money was a ****head but I could be mistaken....

- The Jake

seldomTap
03-11-2003, 11:45 PM
Money is essentially a third party to those that could make trade of like goods.

However for those not in the position to make fair trade of goods, it is a commodity that enables them to purchase goods without having anything of their own to offer.

Magic Man
03-11-2003, 11:53 PM
tru tru tru tru true, a person who robs another of their money, is essentially stealing that person's rights to make another trade - hence the robber can make a trade which by all definition does not belong to them.