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by fennecfoxen
2164 days ago
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Money-oriented thinking is a road to economic misunderstanding. The economy is about stuff. In practice one often measures all the stuff using money, yes, because what else would one use? but as a proxy measure for its value; it's never actually about the money itself. (stuff = "final goods and services" to be technical) |
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Energy witch can be food, oil, gas, the energy transformator is a human (or his brain) a maschine or a animal, and the exchange between energie to the endresult is often money. So money/exchangemedium has just the worth both partys agreed on.