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by splaytreemap 1942 days ago
"Money is made up therefore it serves no purpose" is just a bafflingly implication. Care to provide any detail at all about how your moneyless society is going to work?
1 comments

Oh it absolutely serves a purpose, it's a shared value that speeds the exchange of goods and services. However as the monetary system exists now, is mainly as a tool of oppression to keep people locked in a cycle of working themselves to death. It doesn't work for anyone save a tiny minority of people, who have more of it than they could ever use.

I suppose instead of "moneyless" society, I'm saying we need a money reboot.

We need money that has actual value that can't be manipulated. That is why the gold standard worked. At the same time that is why those in power ended the gold standard.

Without the anchor to gold our money can freely be manipulated for personal or political gain at the expense of the public.

> We need money that has actual value that can't be manipulated. That is why the gold standard worked. At the same time that is why those in power ended the gold standard.

No, the gold standard worked because at that time, manipulating the value of money to tweak the economy was not a practice. And besides-which, gold is a terrible standard anyway. We use tons of the stuff in basic, cheap electronics all the time. We use it on boutique audio connectors. It's not uncommon or rare at all. It's like diamonds, the only reason they're worth a goddamn thing is that everybody just agrees they should be, even though the same substance that sits on the end of a $10,000 ring is ground up and coats the outer surface of saw blades.

> Without the anchor to gold our money can freely be manipulated for personal or political gain at the expense of the public.

As we've seen though, this can be done with virtually any asset now, which is why land remains basically the only thing that holds value, because increasing or decreasing the supply of it is really ridiculously hard.

Manipulating the value of money wasnt done because it wasnt possible. Not because nobody thought of it.

The gold standard is a protection against exactly the problem you are complaining about.