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by UncleEntity
2971 days ago
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> Did you notice, looking at history, that whenever there was a crisis humans discovered that "money" is not an obstacle? If this were true humans wouldn't even have a concept of "hyper-inflation". The Venusualian government could just print up all the money they need instead of trying to get people to eat their pets[0]. Money, as an "idea", serves two purposes -- as a store of value and a means of trade. Without money trade would be so inconvenient (ie the coincidence of wants problem) complex societies probably couldn't even function as you would have to go out and perform multi-party trades for everything you needed. By solving the coincidence of wants problem money also allows you to delay consumption of current production since it, historically speaking, is generally based upon a non-perishable good. [0]https://www.npr.org/sections/parallels/2017/09/14/551026492/... |
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